Stripe Expands Stablecoin Payouts for U.S. Businesses to More Than 160 Markets
Summary
- Stripe said it has expanded its stablecoin payout service for U.S. businesses.
- U.S. businesses can send OUSD or USDC to cryptocurrency wallets in more than 160 markets.
- Stripe said transfers made through the service are typically completed within minutes.
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Stripe has expanded its stablecoin payout service for U.S. businesses, allowing companies to send OUSD or USDC to cryptocurrency wallets in more than 160 markets.
Cointelegraph reported on November 4 that U.S. businesses can use stablecoins to send funds to overseas recipients' crypto wallets.
Supported tokens include OUSD and Circle's U.S. dollar stablecoin USDC. The service is available in more than 160 markets.
Stripe said transfers made through the service are typically completed within minutes.
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