Stripe and Plasma Launch Stablecoin Payment Card, Aiming to Cover Over 100 Countries by 2027
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Stripe and Plasma plan to launch a stablecoin payment card that allows users to spend using USD, Brazilian Real, Euro, Mexican Peso, Colombian Peso, as well as stablecoins like USDC and OUSD, with the goal of covering over 100 countries by 2027. Currently, the related services are operational in over 30 countries, and the estimated monthly spending on Stripe's stablecoin card infrastructure is around $1.2 billion by 2026. Plasma operates a blockchain and new banking application called Plasma One, specifically designed for stablecoin transactions, and its multi-currency accounts will migrate to Stripe's card infrastructure.
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