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Stripe to Extend Stablecoin Cards to 100 Countries by Year End

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Stripe to Extend Stablecoin Cards to 100 Countries by Year End

Stripe plans to expand its stablecoin cards business to over 100 countries by the end of the year, CoinDesk reported Monday (Oct. 5), citing its interview with the company’s new cryptocurrency head, Henri Stern.

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Stern is the CEO and co-founder of Privy, a crypto wallet infrastructure firm acquired last year by Stripe, and he has taken on the additional role of overseeing stablecoins and crypto across Stripe, according to the report.

Stripe plugs stablecoin cards into its existing infrastructure. The company’s stablecoin card offering combines Stripe’s issuing business, which has issued more than 400 million cards since 2018, with Bridge’s stablecoin infrastructure. Stripe acquired Bridge in 2024, per the report.

Stripe’s card business is “completely stablecoin agnostic, completely blockchain agnostic,” so that the company’s customers can “mix and match their stack in exactly the way they want,” Stern said in the report.

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Stern announced in a Monday article on X that he is now leading crypto and stablecoins at Stripe while continuing his role at Privy.

“In this new role, I will be helping set Stripe’s priorities in the space and build (what we hope to be) the very best stablecoin developer platform: one that is open and complete, modular and cohesive, global by default,” Stern said in the article.


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