#StripeStablecoinAccounts Stripe announced Stablecoin Financial Accounts, which will allow businesses to have “stablecoin-powered accounts”

If spending $1.1 billion wasn’t enough of a sign that Stripe is serious about stablecoins and gaining market share there, its newest announcement shows that it is serious.

Stripe unveiled Stablecoin Financial Accounts, which — much like the name suggests — is a money-management feature. Businesses in over 100 countries can now use these “stablecoin-powered” accounts. 

Basically, a business can not only hold their balance in stablecoins, but they can also receive funds on both crypto and fiat rails.