Stripe to launch stablecoin account service

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All-in station
3 days ago
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Stripe

Stripe - a global payment giant - has officially announced the deployment of a financial account service using stablecoins, expanding support capabilities for businesses in 101 countries. According to the announcement, Stripe now allows businesses to receive payments, send money, hold balances, and conduct global money transfers through US dollar-pegged stablecoins such as USDC, USDB, and other USD stablecoins.

Stripe's integration of stablecoins into its payment system marks an important step in applying blockchain technology to traditional finance, expanding cross-border payment accessibility with low costs and quick processing times. This is part of Stripe's global expansion strategy, aimed at facilitating international businesses, especially startups, e-commerce platforms, and digital service providers, to more easily access a more stable financial system through digital assets.

Additionally, Stripe has introduced an artificial intelligence (AI) model applied in the payment field, with the goal of improving fraud detection capabilities and increasing successful transaction approval rates. This new AI technology is directly integrated into Stripe's payment infrastructure, helping to enhance security and optimize transaction experiences for both users and businesses.

By combining stablecoins and AI, Stripe is gradually reshaping the future of global payments, promoting convergence between traditional finance and digital assets, while enhancing the efficiency and reliability of modern electronic transaction systems.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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