Stripe and Plasma plan stablecoin cards for 100-plus countries by 2027
- —Cards will support five fiat currencies, including the Brazilian real and Mexican and Colombian pesos
- —Stablecoin support includes USDC, OUSD and other GENIUS Act-compliant assets
- —Monthly spending through Stripe's stablecoin card infrastructure is estimated at about $1.2 billion
- —Plasma One customers' multi-currency accounts will migrate to Stripe's card infrastructure
Why it matters: A major payments player is scaling stablecoin spending to 100+ countries, intensifying competition with Visa and Mastercard cards.
Source: Crypto Briefing