Stripe is adding multi-currency support to its stablecoin card infrastructure, with Plasma as design partner.
A cardholder holding euros, for example, will be able to spend directly in euros without first converting through US dollars.
What Stripe’s stablecoin cards will support
The expanded infrastructure will support five fiat currencies: the US dollar, Brazilian real, euro, Mexican peso and Colombian peso.
On the stablecoin side, it will support OUSD and other eligible stablecoins that meet the requirements of the GENIUS Act, the US federal law that sets rules for payment stablecoins.
Stripe’s stablecoin cards are available in more than 30 countries today, and the company plans to reach more than 100 countries in 2027. The announcement does not name the markets covered.
Businesses operating across several markets will be able to issue cards denominated in the currencies their customers spend in, which Stripe says will help cut unnecessary FX costs.
The companies describe this as a first step. They are working towards letting cardholders spend from multiple balances, with the right currency selected automatically at the point of purchase.
Plasma’s role as design partner
Plasma, which runs a blockchain built for stablecoin payments, offers a global dollar account and card through its Plasma One app.
As design partner, it will help Stripe shape the multi-currency card around customers who hold and spend money across borders.
“We’re building Plasma for people whose lives and finances span countries. Partnering with Stripe gives us the opportunity to develop multi-currency cards around how those people actually live and spend, with a simple ambition: spend like a local, anywhere,”
said Paul Faecks, CEO of Plasma.
“Stablecoins make it possible to hold and move money globally. We’re working with Plasma to bring that same flexibility to spending, giving businesses the infrastructure to offer cards across currencies and markets without having to build it themselves,”
said Henri Stern, Head of Stripe Crypto and Co-founder and CEO of Privy, the wallet infrastructure firm Stripe acquired in 2025.
Featured image credit: Edited by Fintech News Singapore, based on image by lifeforstock via Magnific
