#StripeStablecoinAccounts **News: Binance collaborates with Stripe to enhance stablecoin-backed account services**
The leading cryptocurrency exchange Binance announced a strategic partnership with global payment company Stripe to integrate **Stripe Stablecoin Accounts** into its financial services, as part of the updates on May 8, 2025. This collaboration aims to enable Binance users in over 100 countries to manage funds through stablecoins like **USDC** and **USDB** seamlessly, while supporting traditional bank transfers and blockchain networks.
The new service allows companies and individuals to store money in US dollars through stablecoins, transfer between currencies without exchange fees, and issue Visa cards backed by Stablecoins for spending at 150 million merchants globally, in partnership with Visa. Binance will also support **blockchain transfers** at a lower cost, especially in emerging countries suffering from inflation and weak financial infrastructure.
On the other hand, Binance is keeping pace with regulatory changes in the European Union following the implementation of the **MiCA** law, as it previously announced the suspension of trading in some non-compliant stablecoins, such as USDT, in favor of alternatives supported by Stripe like USDC. This collaboration is expected to enhance liquidity in the European market and facilitate access to global financial services.
The announcement comes alongside Stripe's launch of an advanced artificial intelligence model for managing payments, which could enhance the user experience on Binance by detecting fraud and personalizing payment processes. Binance also plans to list more stablecoins supported by Stripe in the coming months, focusing on emerging markets in Latin America and Asia.