#StripeStablecoinAccounts Stripe has launched stablecoin accounts in over 100 countries, enabling businesses to hold, receive, and send US-dollar stablecoin balances. These accounts support multiple currencies, including USD, EUR, and GBP, and will initially work with Circle's USDC and Bridge's USDB stablecoins.
*Key Features:*
- *Multi-Currency Support*: Hold and manage balances in USD, EUR, and GBP
- *Stablecoin Support*: Initially supports USDC and USDB stablecoins
- *Global Availability*: Accessible to businesses in over 100 countries
- *Partnerships*: Collaborations with Visa and Ramp to streamline stablecoin use
*Benefits:*
- *Faster Settlement Times*: Reduce FX fees and protect against local currency depreciation
- *Improved Security*: More secure way to store value, especially in regions with fragile banking infrastructure
- *Increased Accessibility*: Enable businesses to transact more easily globally
*Expansion and Integration:*
- *Visa Partnership*: Enable spending of stablecoin balances at 150 million merchants worldwide
- *Ramp Integration*: Launch corporate cards backed by stablecoin
- *AI Integration*: Stripe also introduced an AI foundation model for payments to improve fraud detection and authorization rates.¹ ²