Stripe to Expand Stablecoin Card Program to 100 Countries

Stripe's stablecoin card push is growing

Stripe stablecoin cards are set to become available in more than 100 countries by year-end, according to the company's plan. The move signals that stablecoins are becoming more visible not only in crypto trading and cross-border transfers, but also in everyday payments.

According to company executives speaking to CoinDesk, Henri Stern, the co-founder and CEO of Privy, the crypto wallet infrastructure company acquired by Stripe last year, is now also overseeing Stripe's stablecoin and crypto operations. Current customers include Kraken, Ramp and the payments app Morse.

Market data also supports the expansion. According to Paymentscan, stablecoin spending through cards totaled $1.2 billion last month, nearly three times the level seen a year earlier. While that figure is still modest compared with total global card payment volume, it shows that use cases are expanding.

The company is linking its existing infrastructure to crypto payments

Stripe's approach is built around combining its existing card and payments infrastructure with stablecoins rather than creating a new payment network. According to the company's data, Stripe has issued more than 400 million cards since 2018 and processed hundreds of billions of dollars in card volume.

The stablecoin card product brings together Stripe's card issuance business and Bridge, the stablecoin infrastructure company it bought for $1.1 billion in 2024. The model could allow companies such as Ramp to expand corporate cards into new markets without setting up separate banking and payments relationships in each country. Kraken, meanwhile, is working on enabling customers to spend from accounts where they hold digital assets.

• Faster rollout of corporate cards in new countries
• More options to spend directly from digital asset balances

What Stripe's broader blockchain strategy suggests

The company has not been focusing only on cards lately. Following the acquisitions of Bridge and Privy, Stripe is also working with crypto investment firm Paradigm on Tempo, a blockchain designed for payments. It is also among the founding investors in Open Standard, the company developing Open USD, a project intended to compete with Circle's USDC and Tether's USDT.

Stern said Stripe does not want to be tied to any single coin or network in this area, describing the approach as

"fully stablecoin agnostic and fully blockchain agnostic"