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Stripe Expands Stablecoin Payments to 101 Countries, Addressing Crypto’s Pain Points
Stripe Expands Stablecoin Payments to 101 Countries, Addressing Crypto’s Pain Points
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Stripe has launched stablecoin payments in 101 countries, offering businesses a streamlined alternative to traditional banking for global transactions. The MOVE targets crypto’s persistent challenges—exorbitant fees, sluggish cross-border transfers, and security concerns—while accelerating stablecoin adoption. This follows Stripe’s $1.1 billion acquisition of Bridge, a stablecoin platform previously utilized by companies like SpaceX.
The integration slashes transaction costs that often dwarf payment amounts and reduces wait times for international settlements. By leveraging stablecoins, Stripe bridges the gap between crypto’s potential and its practical shortcomings, positioning itself at the forefront of payment infrastructure innovation.
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