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      Stripe to Expand Stablecoin Card Program to Over 100 Countries by Year-End

      Stripe, a global payment company, is set to broaden its stablecoin card business to more than 100 countries by the end of 2026. The initiative aims to position the digital dollar as a viable payment method for consumers and businesses, complementing traditional currencies. Henri Stern, who leads Stripe's stablecoin and crypto operations, highlighted the company's ambition to integrate stablecoins into its existing payment infrastructure.

      The stablecoin card program has already attracted clients such as cryptocurrency exchange Kraken, fintech company Ramp, and payment app Morse. Recent data from Paymentscan revealed that stablecoin spending through cards reached approximately $1.2 billion last month, marking a significant increase from the previous year. Since its inception in 2018, Stripe has issued over 400 million cards and processed hundreds of billions of dollars in transaction volume.

      Stripe's stablecoin initiative is bolstered by its acquisition of the stablecoin infrastructure company Bridge for $1.1 billion in 2024, as well as the crypto wallet infrastructure company Privy. The company has also partnered with crypto investment firm Paradigm to create a blockchain named Tempo, specifically tailored for payment solutions. While many projects currently utilize Circle's USDC, Stripe aims to maintain a neutral stance regarding stablecoins and blockchain technologies, advocating for their integration as options within existing products rather than as separate systems.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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