Stripe hits hard: global launch of stablecoin accounts for businesses
- Noham Layani
- 1 day ago
- 2 min read
Payments giant Stripe has just reached a major milestone by announcing the launch of stablecoin-powered financial accounts in more than 100 countries.
This initiative aims to provide businesses, particularly those facing unstable economies or high cross-border transaction costs, with a more stable and efficient solution for managing their finances .
With the support of stablecoins such as USDC and Bridge's newly introduced USDB , Stripe strengthens its position at the forefront of financial innovation.
Strategic expansion to meet global needs
The launch of these stablecoin accounts is part of a strategy aimed at addressing the financial challenges faced by businesses in regions where traditional banking systems are limited, or where local currencies are subject to high volatility.
By enabling businesses to hold, receive, and send funds in stablecoins , Stripe offers a reliable and fast alternative to conventional payment methods.
Patrick Collison, co-founder and CEO of Stripe , said: " Stablecoins and AI are two powerful tailwinds that are redefining the economy, " highlighting Stripe's commitment to integrating innovative technologies to transform financial services.
Partnership with Bridge and integration with Visa
This advancement is made possible thanks to the acquisition of Bridge , a platform specializing in stablecoins, for 1.1 billion dollars.
Bridge, now integrated with Stripe , makes it easier to manage digital wallets and transfers in real time.
Additionally, a partnership with Visa will allow users of these accounts to access Visa cards linked to their stablecoin wallets, expanding the possibilities for everyday use.
An opportunity for French SMEs
For companies operating internationally , this advancement represents an opportunity to simplify international transactions, reduce costs associated with currency conversions and access emerging markets more smoothly.
By integrating these solutions, these companies can optimize their financial management and strengthen their competitiveness on the global stage.
However, this feature is not yet available in all countries. For example, companies based in France, the United Kingdom, and the United States are currently unable to benefit from these stablecoin accounts. This new feature therefore primarily concerns French companies that already have subsidiaries in countries where the service is available.
A new era for international payments
With the launch of these stablecoin accounts , Stripe once again demonstrates its ability to innovate and meet the evolving needs of businesses.
This initiative could well mark the beginning of a new era in international payment management, offering businesses more flexible, faster tools adapted to the challenges of global trade.
Although this feature is not yet available in France, it offers interesting prospects for French companies with an international presence.
Make an appointment with Blendy, international CPA based in Paris, France, for online accounting that also includes the management of your stablecoins.
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