Stripe and Plasma co-develop a new multi-currency card experience

Stripe and Plasma have partnered to build multi-currency cards backed by stablecoins, aiming to let people and businesses spend directly from the currencies they hold and cut unnecessary conversions and FX costs. Plasma will act as a design partner to make account balances across multiple currencies spendable through Stripe’s stablecoin card infrastructure, with the stated ambition of making cross-border spending feel as simple as spending at home. The collaboration combines Stripe’s fiat and crypto rails with Plasma’s cross-border account product to let issuers offer cards that match customers’ real-world spending needs.

The expanded card capabilities will support fiat denominations including USD, BRL, EUR, MXN and COP and stablecoins such as USDC, OUSD and other GENIUS‑compliant tokens, available in 30+ countries today and targeting 100+ countries by 2027. Initially enabling direct spending in held currencies (for example, euros spent as euros rather than routed through dollars), the roadmap includes automatic selection across multiple balances at checkout. The platform lets businesses issue stablecoin-backed, multi-currency cards without building or operating the underlying infrastructure themselves, reducing friction for cross-border commerce and personal finance.