Stripe Launches Stablecoin Accounts, Bridging Fiat, Crypto for Global Businesses
Financial technology giant Stripe has announced the launch of Stablecoin Financial Accounts, a new suite of money management capabilities that will allow businesses in 101 countries to hold balances in stablecoins, send and receive funds across both traditional fiat and cryptocurrency rails.
This move, coming just three months after Stripe’s acquisition of stablecoin platform Bridge, signals a significant step towards integrating digital currencies into mainstream business operations.
The newly introduced Stablecoin Financial Accounts will enable businesses to fund their balances using traditional methods and receive payments in stablecoins. Crucially, they will also be able to send funds from their stablecoin balances in USD via…