Stripe unleashes stablecoin accounts in 100+ countries

By: cryptopolitan|2025/05/08 14:17:26
0
Share
copy
Stripe, the global payments giant, has rolled out stablecoin accounts for users across more than 100 countries.With this new service, companies can hold, receive, and hold US-dollar stablecoin account balances, similar to how a traditional fiat bank account works.”The accounts will support USDC and USDB, a newer stablecoin issued by Bridge, a lending platform for stablecoins that Stripe acquired earlier this year.These multi-currency accounts allow users to hold GBP, EUR, and USD funds. By offering a more secure way to store value, the financial services firm enables businesses—especially those in regions with fragile banking infrastructure—to transact more easily globally.Stripe expands its role to become a global financial networkStripe built its reputation by helping online businesses accept credit card payments, but this new offering signals a significant evolution in its vision. With the introduction of stablecoin accounts, the firm emphasizes that it’s no longer just a payment processor—it’s laying the foundation for a seamless, borderless global financial system.This launch comes at a time when stablecoins are increasingly seen as a store of value and a medium of exchange, especially in regions without critical financial and communication infrastructure.This transition puts Stripe in a digital financial ecosystem where companies can not only take payments but also hold money, make vendor payments, manage treasury operations, and now, do it all with fiat and crypto assets.John Collison, co-founder and president of Stripe, pointed to persistent problems like invoice fraud, phishing attacks, and splintered payment rails. He argues that the firm’s advancement into stablecoins presents a safer, more productive, and programmable future for business finance.For example, stablecoins, which were once mainly the domain of crypto traders, are increasingly viewed as a tool for real-world commerce. They offer speedy settlement, lower costs, and protection against swings in the value of a currency — particularly helpful in markets susceptible to hyperinflation or banking instability.Bridge, Stripe’s in-house stablecoin platform, is the core premise behind the new service. Bridge facilitates currency exchange among regular businesses who want to operate across crypto and fiat payment rail without fearing what’s happening under the hood.Ramp and Visa team up with Stripe to streamline stablecoin useCorporate partners are already embracing Stripe’s entry into stablecoins. Ramp, a fast-growing startup that sells corporate cards, is one of the first to offer the product.Ramp is launching corporate cards backed by stablecoin to meet companies’ demand for faster settlement times, reduced FX fees, and protection against local currency depreciation. These cards will connect to Ramp’s digital wallets, with Stripe’s Bridge providing behind-the-scenes currency conversions.A partnership with global payments giant Visa also backs the effort. Visa will facilitate broadening the reach of these stablecoin cards, permitting companies to transact everywhere Visa is accepted, even if the backend payment uses stablecoins.This partnership is one piece of Stripe’s overall strategy to transform itself into a platform for programmable, interoperable money. In addition to its stablecoin work, Stripe is entering the artificial intelligence world.At Stripe Sessions, the company also introduced a new AI tool that developers can use to integrate AI-powered agents into apps. These agents can make user purchases — features such as automatically turning to-do list items into one-click, AI-initiated purchases could be made possible.Stripe will also become the key payment partner for Visa’s AI agent program.Gaybrick described artificial intelligence and stablecoins as the “twin revolutions,” noting that AI is transforming how people live and work, while stablecoins represent the first truly global and fully programmable form of money ever seen.Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

You may also like

Tiger Research: What AI services do cryptocurrency companies offer?

Cryptocurrency giants like Binance and Coinbase have fully launched an AI defense battle: Driven by FOMO sentiment, leading platforms are accelerating the deep integration of AI agents into core businesses such as trading, security, and payments.

The war not only drives up oil prices but also causes Circle's stock price to soar

High interest rate expectations combined with the explosive growth of stablecoin infrastructure have led to Circle's stock price doubling in five weeks against the trend: Understanding the dual game of "macro interest rate trading" and "global payment foundation" behind the surge in one article.

When agents become consumers, who will rewrite the underlying logic of internet commerce?

Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of int...

AI Agents in Action Summit: March 31, Hong Kong Cyberport, focusing on the deep waters of AI implementation

Tomorrow, Hong Kong Cyberport will grandly open. The "AI Agents in Action" summit gathers top experts, directly addressing the real evolution of AI Agents from conceptual celebration to productization and large-scale commercial implementation.

29 Days In, What Are America’s Options on Iran?

The key is not in ground invasion but in the combination of striking capability and governance.

Flash Crash Down 97%+ with Ongoing Unlocking, WLD Completes $65 Million Off-chain Funding: Who Is Still Buying?

In the current deep bear market environment, being able to complete multi-million dollar token trades is quite rare.

Popular coins

Latest Crypto News

Read more