#StripeStablecoinAccounts
The company Stripe has announced the launch of financial accounts in Stablecoin ๐ฑ, allowing businesses from over 100 countries ๐ to hold, send, and receive stable currencies denominated in US dollars ๐ต.
This initiative aims to provide financial tools to companies located in regions with volatile currencies ๐ or limited banking infrastructure ๐ฆ.
Key features โ๏ธ
Supported stablecoins: initially, the accounts will support USDC from Circle โญ and USDB from Bridge ๐.
Global accessibility: available for businesses in 101 countries, including Argentina ๐ฆ๐ท, Chile ๐จ๐ฑ, Turkey ๐น๐ท, Colombia ๐จ๐ด, and Peru ๐ต๐ช.
Integration with traditional financial systems: businesses can conduct transactions via Rails systems for cryptocurrencies โฟ and fiat currencies, such as ACH and SEPA ๐.
