STRIPE, a global payment platform, has introduced a Stablecoin -based account to more than 100 customers.
According to the May 7 announcement, the new feature of the platform will allow the client to send, receive and hold the US Dollar Tabble Leco -in account, similar to the operation of the traditional FIAT BANK account.
The technology page of this product shows that the new account feature will support Circle’s USDC (USDC) and Bridge’s USDB (USDB) Stablecoins. STRIPE acquired the Bridge platform in October 2024.
This product can be used by more than 100 countries, including Argentina, Chile, Türkiye, Colombia and Peru.
STRIPE’s products, which are more and more valuable in developing countries that are struggling with high inflation, capital control, and financial infrastructure, are more and more priced by STABLECOINS.
relevant: Stablecoin Fever: 5 major stablecoins are increasing the adoption of encryption
Stablecoins is a non -bank bank and is used as a storage of value.
Stablecoins and Blockchain Payment Rails helps non -banks in developing countries in the world without important financial and communication infrastructure.
The blockchain system can reduce the transmission cost and verification between the border between the border, and anyone with a mobile phone and a password wallet can access, receive, and store the value with a relatively stable money by accessing the Internet connection.
Striped Integration USD Stablecoin payment allows users to pay online sellers at Fiat Tokens in October 2024. The integration met the demand for the Stablecoin payment options in 70 countries, the company said.
According to the encryption platform, BITSO, Latin America residents use Stablecoins as a value repository and use it as an exchange medium used for online purchases.
magazine: Banking is a non -bank? Did I teach a completely stranger about Bitcoin in Kenya