On May 8, 2025, payment giant Stripe announced the launch of a 'stablecoin financial account', supporting businesses and users in 101 countries and regions to store and transact USDC and USDB stablecoins, covering emerging markets like Argentina and Turkey, while major financial centers like the United States and China have yet to open. The newly launched USDB is a closed-type stablecoin issued by the Bridge platform acquired by Stripe, circulating only within the Stripe ecosystem. Its underlying assets are cash and a money market fund managed by BlackRock, pegged 1:1, and innovatively returns part of the profits to developers, exploring on-chain revenue-sharing models.

This move marks Stripe's transformation from a 'payment gateway' to 'on-chain financial infrastructure'. By integrating Bridge's issuance and custody capabilities, Stripe has built a complete closed loop of payment, settlement, and asset custody, supporting scenarios such as cross-border payments, savings, and future card payments. This strategy comes at a time just before the vote on the U.S. 'GENIUS Act', which, if passed, would provide the first federal regulatory framework for stablecoins and accelerate traditional institutions' entry into the market.

In the face of competitors like PayPal's PYUSD, Stripe has chosen a 'controlled closed loop' strategy, focusing more on enterprise services. It has partnered with Visa to launch AI payment tools, further consolidating its competitiveness in the global payment arena. As stablecoins become a new vehicle for the expansion of the U.S. dollar, Stripe's layout may reshape the cross-border financial landscape. #Stripe稳定币账户