#StripeStablecoinAccounts

Stripe has launched stablecoin-powered financial accounts in over 100 countries, enabling businesses to send, receive, and hold US-dollar stablecoin balances. This service aims to provide stable financial infrastructure in regions with volatile currencies, limited banking access, or high cross-border transfer fees.

*Key Features:*

- *Stablecoin Support*: The accounts support Circle's USDC and Bridge's USDB stablecoins, with potential additions in the future.

- *Multi-Currency Management*: Businesses can manage USD, EUR, and GBP holdings, conversion, and expenditure without unnecessary foreign exchange costs.

- *Global Reach*: The service is available in over 100 countries, including Argentina, Chile, Turkey, Colombia, and Peru.

- *Partnerships*: Stripe has partnered with Visa to enable businesses to issue Visa cards linked to stablecoin wallets, allowing users to make purchases at any merchant that accepts Visa ¹ ² ³.

*Benefits:*

- *Stable Store of Value*: Stablecoins offer a reliable store of value in regions with high inflation and capital controls.

- *Efficient Transactions*: Blockchain systems can reduce the cost and verification of cross-border transfers.

- *Increased Accessibility*: Stripe's stablecoin accounts aim to empower entrepreneurs and