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Stripe is testing cross border API infrastructure for stablecoin payments to support countries with volatile currencies and/or very high cross border payments costs

April 30, 2025 //  by Finnovate

Stripe’s crypto product team member, Jennifer Lee, announced on X that the company is starting to test its Bridge-based product and invited companies outside the US, UK and EU who want to access dollars. She didn’t mention which stablecoins solutions would be offered initially. Bridge’s APIs support several corporate use cases including cross border transfers, enabling large corporates such as SpaceX’s Starlink to move money around the world, and dollar payouts to staff or others. An important one is enabling clients in countries with volatile currencies to save using dollar stablecoins. Stepping back, Stripe’s appeal for participant companies outside the US, UK and EU is notable. While it’s easy to think that Stripe has a presence worldwide because it sends payments globally, it only offers services to companies in 51 jurisdictions, of which 31 are in Europe, plus the five mainly English-speaking regions of the US, UK, Canada, Australia and New Zealand. Anecdotal evidence has shown that stablecoins appeal most to people in countries with volatile currencies and/or very high cross border payments costs. Quite a few of these countries are not currently served by Stripe. Hence, Stripe’s Bridge integration represents a strategic addition in emerging markets, where stablecoins offer both expanded payment options and access to previously underserved territories with volatile currencies.

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Category: Members, Crypto & Blockchain, Innovation Topics

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