Stripe launches innovative stablecoin accounts, allowing businesses in over 100 countries to hold their funds in stablecoins like USDC and USDB. These accounts enable the receipt of payments through both cryptocurrency and traditional networks, as well as sending money to external accounts or digital wallets.

This step represents a significant expansion in the adoption of digital currencies, as Stripe already processes trillions of dollars in payments annually. Nevertheless, there are some concerns regarding potential fees that could affect the adoption of these accounts.

Stablecoin balances are managed by Bridge, a subsidiary of Stripe, and may be held in USDC or USDB. USDB is a closed-loop stablecoin, meaning it is not available for public sale.

Overall, Stripe's stablecoin accounts represent an important development that could enhance the use of digital currencies in commercial transactions on a large scale.