Stripe, the global giant of payments, has launched stablecoin accounts for users in over 100 countries.

With this new service, businesses can hold, receive, and maintain account balances in stablecoins in US dollars, similar to how a traditional fiduciary bank account works.

The accounts will support USDC and USDB, a newer stablecoin issued by Bridge, a stablecoin lending platform that Stripe acquired earlier this year.

These multi-currency accounts allow users to hold funds in GBP, EUR, and USD. By offering a more secure way to store value, the financial services firm enables businesses, especially those in regions with fragile banking infrastructure, to conduct transactions globally with greater ease.

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