Stripe Targets Global Expansion for Stablecoin Cards by Late 2025

Stripe is aggressively expanding its stablecoin-powered card services, aiming to reach over 100 countries by late 2025. The payment processing giant has seen a significant surge in stablecoin card transactions, with monthly spending hitting approximately $1.2 billion, tripling year-over-year. This growth highlights the increasing adoption of stablecoins for everyday transactions beyond just cryptocurrency exchanges.

Leading the charge is Henri Stern, former co-founder of Privy, who now heads Stripe’s cryptocurrency and stablecoin initiatives. Stripe has already partnered with several companies, including Kraken, Ramp, and Morse, to deploy its stablecoin card technology. The company’s existing infrastructure, combined with its acquisition of Bridge in 2024, allows businesses to issue cards across multiple jurisdictions without needing individual banking relationships in each territory.

Stripe’s strategic moves include developing Tempo, a blockchain designed for payment processing, and investing in Open Standard to create Open USD, a stablecoin competing with Circle’s USDC and Tether’s USDT. Stern emphasized the importance of an open architecture, allowing users to freely choose and combine different technologies. While Stripe focuses primarily on stablecoins, it is also exploring tokenized bank deposits and decentralized finance applications.

The company’s vision aligns with the growing trend of digital dollars, which exceed $300 billion in total value. Stablecoin card transactions, though still a small fraction of global card payment volume, are gaining traction for routine transactions and international money transfers. Stripe’s expansion represents a significant step toward mainstream adoption of stablecoins in the digital payment ecosystem.