Stripe and Plasma launch a multi-currency stablecoin card
Stripe Teams With Plasma To Unveil Multi-Currency Stablecoin Cards
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Stripe and Plasma have partnered to launch a multi-currency stablecoin card, allowing cardholders to spend directly from the currencies they already hold and reduce unnecessary conversion and FX costs. The program currently covers more than 30 countries and supports USD, EUR, OUSD, and stablecoins that meet GENIUS-ready requirements, with the goal of expanding to more than 100 countries by 2027. Stripe’s stablecoin card infrastructure will also support more currencies and stablecoins, enabling businesses operating across markets to issue cards matched to their spending needs.
The project covers both fiat currencies and stablecoins, and provides the current country coverage and subsequent expansion target, making it easier to assess the use cases for multi-currency cards in cross-border spending and corporate card issuance.
Source:PYMNTS · pymnts.com