Stripe, a leading payment technology provider, has unveiled innovative stablecoin and AI payment solutions to simplify global money management for businesses worldwide. This announcement follows Stripe’s acquisition of Bridge for $1.1 billion earlier this year. Notably, the new stablecoin feature, dubbed ‘Stablecoin Financial Accounts’, enables users in 101 countries to hold US dollar-backed stablecoins for seamless international transactions. These accounts can receive funds via cryptocurrency channels and traditional bank transfers. Stripe plans to expand its stablecoin portfolio with additional options soon. Meanwhile, Stripe unveiled its AI-powered payment system known as the ‘Payments Foundation Model,’ trained on massive transaction data. This model uses advanced algorithms to identify subtle patterns in payments, improving fraud detection and approval rates significantly. Stripe CEO Patrick Collison believes these innovations will reshape financial landscapes, stating: ‘We’re facing two powerful tidal waves: artificial intelligence and stablecoins.’