At the annual user event held in San Francisco, Stripe – the giant in the payment field – officially announced a series of new features, marking a strong return to the crypto sector and deeper AI integration into the system. This is a significant turning point for Stripe after a long hiatus from cryptocurrency-related activities since 2018.
💸 Launch stablecoin payment accounts in 101 countries
The highlight of the event is the announcement of the Stablecoin Financial Account – allowing businesses in 101 countries:
Hold balances in USD-backed stablecoins.
Receive payments via crypto or traditional channels.
Send global stablecoins, suitable for cross-border operating companies.
In the initial phase, Stripe will support two USD-pegged stablecoins.
🧠 Integrate AI against fraud and enhance performance
Alongside crypto, Stripe also launched the Payments Foundation Model – a new AI model trained on tens of billions of transactions, aimed at:
Detect fraud more accurately.
Increase transaction approval rates, helping businesses optimize cash flow.
CEO Patrick Collison stated:
"There are two major winds reshaping the global economic landscape: AI and stablecoins. We want to put both into the hands of businesses immediately."
🔁 From rejecting crypto to reinvesting $1.1 billion
After withdrawing from the crypto space in 2018 due to high costs and slow processing speeds, Stripe returned to this market in late 2024 with a crypto payment option, in partnership with Paxos.
Three months ago, Stripe acquired Bridge – a stablecoin payment platform for about $1.1 billion. Bridge previously processed $5 billion in transaction volume and had major clients like SpaceX. Bridge's technology helps businesses accept and manage stablecoin payments effectively.
🌍 Expand multi-currency accounts
At the same time, Stripe also introduced a multi-currency account for businesses, allowing:
Hold, convert, and spend in USD, EUR, and GBP.
Minimize unnecessary currency conversion costs.
This solution aims to support businesses operating globally to optimize cross-border financial management.
📌 Connecting with the crypto market:
Stripe – a company processing up to $1.4 trillion in transactions in 2024 (a 38% increase from 2023) – returning to the crypto market is an extremely positive signal for the entire DeFi industry. With major corporations like Stripe, PayPal, Visa, and Robinhood re-entering this sector, this could be the next boom phase for stablecoins and blockchain payment solutions.
For Binance users and the crypto community, Stripe's re-entry not only expands the application of stablecoin but also creates additional bridges between traditional finance and blockchain, especially in the context of growing global payment demand.
⚠️ Risk warning:
Investing in and using crypto-related services carries many risks, including market volatility, legal changes, and technical risks. Always conduct thorough research and assess suitability before participating.