On May 7, 2025, Stripe announced the launch of financial accounts backed by stablecoins, allowing companies in over 100 countries to send, receive, and hold balances in digital dollars, such as USDC and USDB, without the need for direct dealings with cryptocurrencies or complex transfers.
This step is part of Stripe's strategy to expand its financial services, especially after acquiring the Bridge platform specialized in stablecoin infrastructure.
These accounts allow businesses to:
Accept payments in stablecoins like USDC across Ethereum, Solana, and Polygon networks.
Make international transfers quickly and efficiently, reducing costs associated with traditional transfers.
Hold balances in digital dollars as a hedge against fluctuations in local currencies, particularly in emerging markets.
It is noted that Stripe plans to expand these services to include more countries in the future, focusing on providing innovative financial solutions that support the global digital economy.
