Stripe, a global payment platform, has introduced Stablecoin -based accounts to customers in more than 100 countries.
According to a May 7 advertisement, the new feature will allow the platform customers to “send, receive and keep balances of Dollar-Dollar Stablocoin accounts, similar to the way in which a traditional Fiat account works.”
The product technical page shows that the new account function will admit the USDC (USDC) and USDB (USDB) stable (USDB) of Circle Bridge. Stripe acquired the Bridge platform in October 2024.
The product will be available for customers in more than 100 countries, including Argentina, Chile, Türkiye, Colombia and Peru, among others.
Stripe’s freshly released product arrives at a time when Stablecoins stables are increasingly seen as value stores in developing economies that fight with high inflation, capital controls and lack of financial infrastructure.
Related: Stablecoin fever: 5 main stablecoins are growing adoption cryptography
Stablecoins is depositing in non -banking and are increasingly used as a value reserve
Stablecoins and Blockchain pays Rails are helping to remember the world development regions without financial and critical communication infrastructure.
Blockchain systems can reduce the cost and verification of cross -border transfers, allowing anyone with a cell phone, a cryptographic wallet and access to an Internet connection to send, receive and store value in a relatively stable fiduciary currency.
Stripe integrated the USD Stablecoin payments, allowing users to pay online merchants in fiduciary tokens, in October 2024. The integration was with the demand for the Stablecoin payment option in 70 countries, the company said.
According to the Bitso cryptographic platform, residents of Latin American countries are increasingly using them as a value reserve and an exchange medium used for online purchases.
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