#StripeStablecoinAccounts

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💥Stripe has launched Stablecoin Financial Accounts in 101 countries, following its $1.1 billion acquisition of Bridge three months ago.

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💥These accounts enable businesses, particularly in volatile economies, to hold dollar-backed stablecoins (USDC and USDB), receive funds via crypto or bank transfers, and make global payments. Bridge’s USDB, backed by bank reserves and BlackRock money market funds, was also unveiled. Stripe’s solution removes the need for crypto exchanges or self-custody. Though the custodian is undisclosed, partners include Fidelity and Apex. Bridge plans to share revenue from money market yields with developers.

💥Stripe also introduced an AI Payments Foundation Model to enhance fraud detection and authorization rates, boosting its platform’s global fintech capabilities amid rising stablecoin adoption.

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