Stripe has launched accounts for stablecoins in more than 100 countries
The new feature works similarly to a traditional fiat bank account
08.05.2025 - 11:00
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What’s new? Global payment platform Stripe has introduced stablecoin-based accounts for customers in more than 100 countries. According to a May 7 announcement, the new feature will allow customers to send, receive, and store balances in dollar-pegged stablecoin accounts, similar to how a traditional fiat bank account works.
What else is known? According to the product page, the new feature will support USDC stablecoins from Circle and USDB from Bridge. Stripe acquired Bridge’s platform in October 2024. The product will be available to customers in more than 100 countries, including Argentina, Chile, Turkey, Colombia, and Peru.
Stablecoins are increasingly seen as a means of saving in developing economies with high inflation of national currencies, capital controls, and a lack of financial infrastructure.
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Blockchain systems can reduce the cost and verification of cross-border transfers by allowing anyone with a cell phone, crypto wallet, and internet access to send, receive, and store value in a relatively stable fiat currency.
Stripe first integrated dollar-pegged stablecoin payments for online purchases in October 2024.
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The new product supports USDP, PYUSD, and USDC coins
Earlier this month, it was revealed that Stripe-bought stablecoin platform Bridge partners with Visa to issue cards.
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