#StripeStablecoinAccounts Stripe has introduced a new option for stablecoins.
Payment company Stripe has launched the Stablecoin Financial Accounts product. It allows businesses in 101 countries to hold balances in dollar stablecoins, as well as to receive and send fiat and cryptocurrencies.
"These accounts will enable entrepreneurs in countries with unstable currencies to hedge against inflation and easily access the global economy," the company stated.
The solution initially supports two "stablecoins": USDC from Circle and USDB, issued by Bridge. Stripe acquired the infrastructure Web3 company in October 2024 for $1.1 billion.
The firm also presented a foundational payment system model based on AI — Payments Foundation. The tool, trained on a vast amount of data, is designed to improve the detection of fraudulent transactions, enhance authorization levels, and provide other improvements.
