Stripe has announced a bold step that will start allowing funded accounts with stablecoins like USDC and USDB for more than 100 countries around the world. Companies will be able to receive, send, and hold their payments in these currencies either through crypto channels or even regular money. This comes at a time when the world is looking for a faster and cheaper alternative to traditional banks, especially in countries where the local currency is unstable.
What Stripe is doing could be the beginning of a massive shift as stablecoins have effectively become the new backbone of international payments, making transfers faster, cheaper, and free from the headaches of banks, delays, and transfers that get lost in fees.
But the question is, will companies actually use Stripe for stablecoin transfers or will they prefer to use wallets like MetaMask or Binance? What makes people choose Stripe is the ease and direct integration with payment systems that most companies already use. This means you can work with crypto in a familiar environment without complications.
Simply put, Stripe is not just keeping up with the future; it is pushing the market towards it. And those who do not keep up with this development will likely remain stuck in the bank queue waiting for the transfer to arrive.
