Stripe Lets US Businesses Send Stablecoins to Wallets in 160-Plus Markets

OUSD: The Stablecoin on Stripe That Coinbase Co-Owns

Circle’s third-quarter accounts, published on Wednesday, show the company paid $409.2 million in distribution and transaction costs against $657.6 million of reserve income. That is 62.2% of what USDC earned going to the partners who hold and move it, leaving Circle $248.5 million. The same week, Stripe’s developer documentation quietly confirmed what its payment rails now run on. Stripe lists OUSD, the Open USD stablecoin, across its entire mon…

Stripe Launches Global Payouts for Stablecoin Transactions

Stripe's new Global Payouts allows US businesses to pay crypto wallets across 160+ markets, marking a significant step in crypto adoption.

Stripe Lets US Businesses Send Stablecoins to Wallets in 160-Plus Markets

The public preview supports USDC and Open USD, funded from a Treasury balance. Businesses in New York are excluded.... Read the full story at The Defiant

Stripe lets US businesses send stablecoin payouts to crypto wallets in 160-plus markets

Stripe's stablecoin payout feature could accelerate global business transactions, enhancing financial inclusivity and reducing reliance on banks.