Stripe and Plasma Develop Stablecoin Payment Cards

Stripe and stablecoin-focused blockchain Plasma are partnering to develop multi-currency stablecoin payment cards, combining Stripe’s payment infrastructure with Plasma’s platform. The companies describe the project as the first step in a broader partnership; a launch date and full product details have not been announced. Plasma is expected to move to Stripe’s card infrastructure, with euro spending among the planned features. The cards are reported to support US dollars, euros, pounds, Brazilian reais, Mexican pesos and Colombian pesos, as well as USDC and OUSD. Automatic selection of the balance used at checkout may come later, but this feature and the full currency list have not been confirmed by both companies. Stripe’s stablecoin card programme is reportedly available in more than 30 countries, with expansion to over 100 planned; reports differ on whether that target is for 2027 or the end of this year. The service remains in preview. Stripe stablecoin card spending was reported at about $1.2 billion a month in 2026. Stripe’s acquisitions of stablecoin infrastructure firm Bridge in 2024 and wallet provider Privy in 2025 underline its broader push into crypto payments. The partnership may make stablecoin payments more practical for everyday spending, but near-term trading implications are limited until launch, adoption and product details become clearer.