Stripe Expands Stablecoin Payouts for US Businesses to More Than 160 Markets
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Stripe has expanded its stablecoin payout service for US businesses, allowing companies to send OUSD or USDC to crypto wallets in more than 160 markets.
Cointelegraph reported on November 4 that US businesses can use stablecoins to send funds to overseas recipients' crypto wallets.
Supported tokens include OUSD and Circle's US dollar-pegged stablecoin USDC. The service is available in more than 160 markets.
Stripe said transfers through the service are typically completed within minutes.