#StripeStablecoinAccounts Stripe has launched Stablecoin Financial Accounts in over 100 countries, enabling businesses to manage funds and pay vendors internationally using stablecoins. These accounts will initially support USD Coin (USDC) and USDB, a new stablecoin from Stripe's recent acquisition, Bridge.

This service aims to benefit businesses, particularly in regions with volatile currencies, by allowing them to hold and transact in dollar-pegged stablecoins. Funds can be received via both cryptocurrency and traditional bank transfers. A key advantage is that Stripe handles the custody of the stablecoins, removing the need for businesses to manage their own crypto wallets or rely on exchanges.

Stripe's move reflects a growing interest in stablecoins for international payments due to their speed and lower costs. The company has also partnered with Visa, through Bridge, to enable the issuance of Visa cards linked to stablecoin wallets, further expanding the utility of these digital currencies for everyday transactions.