#StripeStablecoinAccounts
Stripe has launched a new feature called "Stablecoin Accounts" that allows businesses to hold, send, and receive payments in stablecoins like USDC and USDB in over 100 countries. This integration aims to simplify cross-border transactions and reduce reliance on traditional banking infrastructure, especially in regions with volatile currencies.
*Key Features:*
- *Availability*: Stablecoin financial accounts are available for businesses in over 100 countries, including the U.S., Argentina, and Brazil.
- *Supported Stablecoins*: Stripe supports USDC and USDB, both pegged to the U.S. dollar at a 1:1 ratio.
- *Funding Options*: You can add money to your stablecoin balance via bank transfer or cryptocurrency transfer from a wallet.
- *Transactions*: Send and receive funds globally, with transaction limits of $10,000 per transaction and $100,000 per month for end customers.
- *Payments*: Stripe allows stablecoin payments to connected accounts, enabling recipients to receive payments directly in stablecoins like USDC.
*Benefits:*
- *Global Reach*: Stablecoin accounts allow businesses to send and receive funds globally, reducing cross-border friction.
- *Faster Payments*: Stablecoin payments enable quicker settlement times compared to traditional fiat currency payments.
- *Unified Integration*: The Stripe platform provides a unified integration for payments in both fiat currency and stablecoins.