Stripe Introduces Direct Stablecoin Payouts to Global Crypto Wallets
In a significant move for business-to-business crypto payments, Stripe has enabled US-based companies to send stablecoin payouts directly to external cryptocurrency wallets across more than 160 global markets via its Global Payouts platform.
How It Works: Features and Flow
The feature is currently in public preview. Eligible businesses can initiate payments funded directly from their Stripe Treasury balances, converting funds into either USDC or OUSD stablecoins for transfer to a recipient's wallet address.
- Global Reach: Services are available in over 160 countries and regions worldwide.
- Fee Structure: Each transaction incurs a cost of 0.5% plus a $0.5 flat fee.
- Processing Speed: According to Stripe's documentation, payments typically settle within minutes.
Eligibility and Regional Considerations
Access is currently limited to qualified US businesses. A key caveat applies to companies based in New York State, which must apply separately for early access due to distinct regulatory requirements—a reflection of Stripe's compliance-first approach.
This development offers businesses a faster, programmable alternative to traditional bank wires for cross-border settlements, particularly useful for paying freelancers, remote teams, or international vendors.