The platform allows companies to fund transfers from USD or USDC balances, with funds typically reaching recipients within minutes. Nine blockchain networks support USDC payouts, including Solana, Ethereum, and Base, while OUSD is available across four chains. Stripe has set the pricing structure at $0.50 plus a 0.5% fee per transaction. This model becomes more cost-effective than a standard $25 wire transfer for any payment under $4,900.
Despite the global reach of the rollout, businesses headquartered in New York remain excluded from the current preview, with no firm timeline for state-level access. Neetika Bansal, Stripe’s business lead for Money as a Service, noted that the feature integrates with existing Treasury and Issuing products. This allows firms to utilize hosted APIs for diverse applications, ranging from loan disbursements and remittances to investment withdrawals and neobank cash-outs.

Comments (0)
No comments yet. Be the first!