Payment giant Stripe launches "stablecoin account" supporting USDC and USDB, available in over 100 countries. Is it available in Taiwan?

Stripe, a well-known online payment service giant, recently announced that it has launched stablecoin-based accounts for customers in more than 100 countries. The new initiative, which combines stablecoin technology with Stripe's global payments platform, aims to provide businesses and users with more efficient, low-cost financial services, especially in areas with unstable financial infrastructure. (Synopsis: Payments giant Stripe will launch a new stablecoin!) Challenge SWIFT cross-border payments, target emerging market pain points) (Background supplement: Payment milestone Stripe opens "B2B stablecoin transfer" to support USDC and create invoices) Stripe, a well-known online payment service giant, recently announced that it has launched stablecoin-based accounts for customers in more than 100 countries. The new initiative, which combines stablecoin technology with Stripe's global payments platform, aims to provide businesses and users with more efficient, low-cost financial services, especially in areas with unstable financial infrastructure. Stripe stablecoin account details feature: According to Stripe's announcement, this new feature will allow customers to "send, receive, and hold USD stablecoin account balances," similar to traditional fiat currency bank accounts. Stablecoins allow users to make cross-border payments, store value, or exchange stablecoins for fiat currencies such as the US dollar. This service is ideal for scenarios where fast, low-cost transactions are required, such as cross-border remittances, B2B payments, or creator platforms. Supported stablecoins: This feature supports USDC issued by Circle and USDB stablecoins issued by Bridge. It is worth mentioning that USDB was launched by the Bridge platform acquired by Stripe in October 2024, and the blockchains supported include Ethereum, Solana, and Polygon. Applicable countries and regions: The product is available in more than 100 countries, including Argentina, Chile, Turkey, Colombia, Peru, Vietnam, etc., but unfortunately, Taiwan is not currently included. Commenting on this initiative at the recent Stripe Sessions, William Gaybrick, president of Stripe's products and business, said: "Many parts of the world face unstable currencies and unreliable infrastructure, which limits GDP in the Internet age. Now, users from Argentina, Vietnam and elsewhere can hold stablecoins and send and receive funds through both crypto and fiat channels." Meanwhile, John Collison, co-founder and president of Stripe, added: "We should be very unhappy with the state of financial services today. In the financial services sector, invoice fraud is a big problem for businesses, along with phishing attacks and so on. It's a new product, but in the long run, it gives us an opportunity to bring a higher level of security." As a special (value stable) cryptocurrency, the adoption of stablecoins has long extended from Web3 to the real world, and more and more businesses and institutions have begun to accept stablecoins as a payment method. The core reason is that stablecoins not only solve the high cost and inefficiency of the traditional financial system in cross-border payments, but also provide financial inclusion for the unbanked. Here are a few concrete examples of real-world stablecoin adoption: Visa: In 2021, Visa announced its support for USDC as the settlement currency for its payment network, allowing merchants and businesses to accept USDC payments directly and convert them into fiat currency. PayPal: In 2023, PayPal launched its own stablecoin, PYUSD, and integrated it into its payment platform, allowing users to use PYUSD for online shopping, transfers, and cross-border payments. Mercado Libre: Mercado Libre, Latin America's largest e-commerce platform, allows users to pay with stablecoins such as USDT and USDC in markets such as Brazil and Mexico. UNICEF: The United Nations Children's Fund (UNICEF) has been accepting donations in cryptocurrency for humanitarian projects around the world since 2019. Extended reading: When the stablecoin revolution is underway: the resonance of technical architecture and business ecology Related reports The largest acquisition in the history of the currency circle! Payment giant Stripe spends 1.1 billion magnesium to buy stablecoin platform Bridge fast food chain giant Steak'n Shake Stores across the United States will accept bitcoin payments Stablecoins drive global cross-border B2B payment innovation, how to unlock the potential of the trillion market? 〈Payment giant Stripe launched a "stablecoin account" to support USDC and USDB, open to more than 100 countries, is it available in Taiwan? This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".