#StripeStablecoinAccounts According to an announcement on May 7, the new feature will allow platform customers to "send, receive, and hold account balances in #stablecoins US dollars, similar to how a traditional bank account works."

The product's technical page indicates that the new account feature will be compatible with

US Dollar

$0.9999

the stablecoins $USDC from Circle and USDB (USDB) from Bridge. Stripe acquired the Bridge platform in October 2024.

The newly launched product from Stripe is available to customers in over 100 countries, including Argentina, Chile, Turkey, Colombia, and Peru, among others.

Stripe's newly launched product arrives at a time when stablecoins are increasingly seen as a store of value in developing economies struggling with high inflation, capital controls, and a lack of financial infrastructure.