#StripeStablecoinAccounts
The company Stripe has announced the launch of financial accounts in Stablecoin 💱, allowing businesses from over 100 countries 🌍 to hold, send, and receive stable currencies denominated in US dollars 💵.
This initiative aims to provide financial tools to businesses located in regions with volatile currencies 📉 or limited banking infrastructure 🏦.
Key Features ⚙️
Supported stablecoins: initially, the accounts will support USDC from Circle ⭕ and USDB from Bridge 🌉.
Global accessibility: available for businesses in 101 countries, including Argentina 🇦🇷, Chile 🇨🇱, Turkey 🇹🇷, Colombia 🇨🇴, and Peru 🇵🇪.
Integration with traditional financial systems: businesses can conduct transactions via Rails systems for cryptocurrencies ₿ and fiat currencies, such as ACH and SEPA 🔄.