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It's a new feature that will allow users to hold cryptocurrencies in the form of stablecoins.
Global payment solution provider Stripe has launched Stablecoin Financial Accounts. It’s a new feature that will allow users to hold cryptocurrencies in the form of stablecoins.
Currently, Stripe only supports two dollar-denominated stablecoins: $USDC and $USDB. However, Stripe will introduce support for more stablecoins in the future.
We’re seeing an increasing adoption of stablecoins as a store of value due to their liquidity and ease of cross-border movement.
After all, stablecoins make transactions easier, faster, and cheaper. Payment companies like Stripe have recognized that crypto is the future, and it’s high time they integrated it into their systems.
Continue reading to learn more about Stripe’s new AI-powered features. We’ll also talk about a brand-new crypto, the MIND of Pepe AI agent, and discuss why it could be next in line to benefit from the accelerated AI-crypto movement.
More About Stripe’s New Features
Stablecoin Financial Accounts will initially be available in 101 countries. Interestingly, it has come just three months after Stripe’s $1.1B acquisition of Bridge, a stablecoin payment platform.
Although stablecoins make it easy to store currency without having to worry about volatility, it’s difficult to spend that stablecoin at merchants that only accept fiat currency.
To solve this, Bridge is in talks with VISA to launch a global card, which can convert your stablecoin balance directly into fiat while making a purchase.
You’ll be able to use this card at around 150M merchants that accept VISA cards. Stripe’s New Multi-Currency Account
Additionally, Stripe has also launched a multi-currency account, which, as the name suggests, will allow businesses to hold their funds in multiple currencies.
As of now, you can keep your money in USD, GBP, and EUR. For instance, if a US business has a store in London, it can accept payments in GBP, hold its own money in GBP, and then pay UK-based suppliers directly in GBP.
Earlier, a business had to incur unnecessary forex fees to convert GBP into USD and vice versa while making cross-border payments. Thanks to Stripe’s new multi-currency account, there’s no need to incur any such fees.
Stripe has also leveraged AI to develop a world’s first Payment Foundation Model. This is an AI model built to identify fraudulent transactions.
It’s trained on billions of transactions and can capture hundreds of subtle fraud signals that other contemporary detection models aren’t capable of.
Stripe’s new updates are a telltale sign that the company is focusing on two major economic trends: stablecoins and artificial intelligence.
It’s already one of the world’s fastest-growing companies. In 2024, it processed $1.4T in total payment volume, which was 38% more than the previous year.
As AI finds new applications almost every day, it’s the AI-crypto market that will ultimately benefit, especially with billions of dollars of global funds being poured into AI and Web3.
If Stripe’s integration of AI features into its payment infrastructure is a sign of rising AI adoption in the fintech sector, the MIND of Pepe AI agent is redefining what’s possible with AI in the crypto niche.
Unlike Stripe, however, $MIND's AI integration offers you a chance to become a pro crypto investor. Read on to find out everything you need to know about this revolutionary project.
What Is MIND of Pepe ($MIND)?
Simply put, MIND of Pepe is a new meme coin on presale. But don’t mistake it for just another token looking for cheap thrills.
It’s centered around a self-evolving AI agent that’s capable of analyzing market trends and social media chatter to identify the best cryptos to invest in in real time.
MIND interacts with crypto influencers on X and other platforms, listening to and sharing its own opinions and insights into various meme coins and the broader crypto market.
Next, it uses its state-of-the-art AI-powered tools to analyze all the data it has collected, which is how it’s able to put a finger on cryptos that could be the next to explode.
Why Invest in the MIND of Pepe AI Agent?
$MIND presale token holders will get exclusive access to the AI agent’s real-time crypto investment advice.
In a nutshell, this one-of-a-kind AI-crypto project offers you a chance to stay ahead of the curve and make profitable crypto investments – something that’s insanely difficult to do on your own thanks to the market’s volatility.
To cut through the clutter, buy MIND of Pepe now.
Moreover, as $MIND engages with influencers online, sharing its opinions on meme coins and sparking discussions, it’ll naturally grow in popularity.
The AI agent eventually plans to
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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