Stripe is going global with its stablecoin cards.
Stripe will be scaling its stablecoin card product globally to 100 countries to ensure that businesses and clients are able to easily spend stablecoin balances globally.
This comes at the same time as an internal reorganization shift sees former Bridge CEO Zach Abrams become the CEO of Open Standard, while Privy’s CEO Henri Stern takes over.
It is expected that Stripe will now feature the OUSD stablecoin.
Good Acquisitions Last
Stripe acquired Bridge in 2024 and Privy in 2025.
Back then, it was a bet that stablecoins would be an integral part of the financial landscape.
This is now a common viewpoint held by many businesses, enterprises, and institutions as the world continues to adopt blockchain rails to move 24/7 money.
However, not all acquisitions are successful. Some fail to integrate into the parent company culture, others do not work out strategically as intended by the buyers.
Over the last 18 months, stablecoin M&A happened rapidly in the space, featuring companies like Stripe, Ripple, Coinbase, Fireblocks, Rain, and others compete on the acquisition front.
Recently, stablecoin issuer Circle acquired TazaPay.
For almost all, the idea eventually becomes to offer a complete set of stablecoin solutions. Stripe managed to do that, both on the stablecoin orchestration and wallet infrastructure side.
Last year, Stripe launched stablecoin treasury for its global clients using Bridge’s USDB stablecoin. Additionally, it allowed for businesses to accept USDC stablecoin payments at checkout.
Stripe and OUSD Stablecoin
Next, it targets bringing stablecoins to account for a bigger chunk of the trillions in annual volumes it currently processes.
Stablecoin card volumes continue to rise, with July seeing $1B in stablecoin card top-ups.
As part of this, it was named a founding partner of Open Standard, alongside Visa, Mastercard, Shopify, and Coinbase.
It remains to be seen what market share OUSD stablecoin will end up taking in the market, yet it is likely that in Stripe’s internal operations, as well as those set for clients, OUSD plays a big role.
Not only will they benefit from the core economics set out by Open Standard’s revenue share, but there is also a promise to keep 1:1 stablecoin conversions and remove mint/redeem fees.
For enterprises moving very large sums every single day, a removal of a small recurring fee can make all the difference.
