#StripeStablecoinAccounts

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What is Stripe Stablecoin Accounts?

Stripe, a leader in digital payments, has announced the launch of the "Stripe Stablecoin Accounts" feature, which enables businesses to send, receive, and hold payments using stablecoins, specifically the USDC (USD Coin).

What are stablecoins?

Stablecoins are a type of digital currency that is pegged to a stable asset, such as the US dollar, making them less volatile than traditional cryptocurrencies like Bitcoin. The USDC, for example, is backed 1:1 by the US dollar, giving it relative stability and greater trust for commercial use.