Stripe, a global payment platform, has provided stablecoin accounts for customers in more than 100 countries.
According to the announcement of May 7, the new feature of the basic system customers will allow “sending, receiving and carrying stablecoin account balances in the United States, similar to how the traditional bank account works.”
The technical page of the product He appears The new USDC (USDC) and USDB (USDB) account feature will support the bridge. Stripe acquired the bridge platform in October 2024.
The product will be available to customers in more than 100 countries, including Argentina, Chile, Turkey, Colombia and Peru, among others.
The newly launched Stripe Product comes at a time when Stablecoins is increasingly seen as valuable stores in developing economies that are struggling with high inflation, capital controls, and financial infrastructure lack.
Related to: Stablecoin Fever: 5 Stablecoins
Stablecoins does not bank banks and is increasingly used as a valuable store
Stablecoins and Blockchain Payment Rails helps the bank that is not manufactured in developing regions in the world without financial infrastructure and decisive contacts.
Blockchain systems can reduce the cost of transfers across and verify them, allowing anyone with a mobile phone, encryption wallet, access to an internet connection to send, receive and store value in the relatively stable FIAT.
The company said that the packages in the United States of America, allowing users to pay online merchants in the distinctive symbols, in October 2024. The integration was fulfilled by the option to pay Stablecoin in 70 countries.
According to the Crypto Bitso platform, the residents of Latin American countries are increasingly used Stablecoins as a valuable store and a means of exchange used in online purchases.
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