#StripeStablecoinAccounts Stripe has launched stablecoin-powered financial accounts in over 100 countries, enabling businesses to send, receive, and hold US-dollar stablecoin balances. This move expands Stripe's cryptocurrency strategy, providing stable financial infrastructure in regions with unstable currencies or limited access to banks.
*Key Features:*
- *Supported Stablecoins:* USDC (Circle) and USDB (Bridge)
- *Multi-Currency Accounts:* Hold GBP, EUR, and USD funds
- *Partnerships:* Collaborations with Visa and Ramp for stablecoin card issuance and global transactions
*Benefits:*
- Faster settlement times
- Reduced FX fees
- Protection against local currency depreciation
- Increased security and programmability for business finance
The stablecoin market has grown significantly, surpassing $231 billion in market capitalization.¹ ²#StripeStablecoinAccounts