Stablecoin accounts reach 100 countries as market tops $231 billion

Stripe has launched stablecoin-based financial accounts for businesses in over 100 countries, responding to the growing demand for digital dollar solutions as the global stablecoin market surpasses $231 billion in May 2025.

The new accounts allow users to send, receive, and hold balances in US dollar-denominated stablecoins, specifically Circle’s USDC (CRYPTO:USDC) and Bridge’s USDB (CRYPTO:USDB).

“clients can now manage stablecoin account balances much like traditional fiat bank accounts,” according to Stripe.

The accounts are managed by Stripe’s subsidiary Bridge, which was acquired in October 2024.

The rollout targets regions where economic instability and high inflation have driven interest in stablecoins as a store of value and a medium for cross-border transactions.

Countries such as Argentina, Chile, Turkey, Colombia, and Peru are among those included in the launch.

Stripe’s move is described as an effort to “facilitate cross-border transactions between businesses, regardless of where they are located,” according to Bloomberg.

Stripe’s technical documentation notes that users can transfer funds via ACH, wire transfer, or crypto wallets, and can move money to bank accounts or crypto addresses.

The company also plans to introduce Visa card services denominated in USDC, further expanding payment flexibility for businesses.

In an earlier statement, Stripe highlighted the increasing use of stablecoins in developing economies, where “stablecoins and blockchain payment rails are helping to bank the unbanked in regions without critical financial infrastructure.”

The company observed that stablecoins dominate crypto transactions in South America, reflecting their role in online commerce and remittances.

Stripe’s stablecoin accounts are part of a broader upgrade to its money management platform, which now supports over 125 global payment methods and offers new features such as real-time revenue recognition and localised pricing APIs.

The company aims to make these capabilities available by default to all users over the next year.