Stripe just made a major move into crypto rails. Its new Stablecoin Financial Accounts unlock faster, cheaper global payments across 101 countries—bridging fiat and blockchain for real-world business utility.
Key Highlights:
Hold, send, and receive USDC and USDB (Bridge’s stablecoin) via both blockchain and traditional rails (ACH, SEPA).
Visa integration via Bridge enables stablecoin wallets to spend globally—150M+ merchants, auto-converting to fiat at checkout.
Backed by Stripe’s $1.1B acquisition of Bridge, with USDB reserves held in BlackRock money market funds.
Big focus on high-inflation markets like Argentina & Turkey—where stablecoins serve as a digital dollar hedge.
Devs benefit too: Bridge will share yield revenues from MMFs to incentivize ecosystem growth.
Real signal in a noisy stablecoin space.#StripeStablecoinAccounts