Stripe introduces StableCoin financial accounts to connect Tradefi and cryptocurrencies

Stripe introduces StableCoin financial accounts to connect Tradefi and cryptocurrencies


Stripe, the world's leading provider of payment services, has taken an important step into the world of stable coins with the introduction of his new “StableCoin Financial Accounts” function.

This service enables companies to manage their funds in US dollar-based stable coins and thus close the gap between traditional financial and crypto channels. It is available in 101 countries and is intended to help companies master currency fluctuations and protect themselves from inflation, especially in regions with pronounced economic instability.

This service opens up considerable opportunities in volatile markets. Stripe emphasized that entrepreneurs in countries with high inflation benefit from the use of stablecoins as a buffer against rising costs and at the same time receive seamless access to the global economy. This step is also in accordance with the growing influence of stripe in the field of stable coins, since the company supports companies that want to use digital currencies for better financial management.

At the start, two important stable coins are supported: USDC, which is supported by Circle, and USDB, a new stablecoin developed by Bridge, a company that took over Stripe in a groundbreaking transaction worth $ 1.1 billion at the beginning of this year. This takeover, the largest of Stripe so far, reflects the company's growing commitment to stablecoin technology and digital assets.

The integration of the functions of Bridge into the offer of Stripe is an important milestone that positions the company as the leading provider of crypto -enabled payment solutions. The latest product from Stripe should be particularly interesting for start-ups, freelancers and companies in regions with weak bank infrastructure or high inflation rate.

For the future, Stripe plans to expand its support for stable coins and to offer further digital currencies in the future. This development is part of a general trend in which traditional fintech companies are increasingly using blockchain solutions to improve the speed of payment, reduce costs and to promote financial inclusion worldwide.


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Jayd Johnson

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