Stripe and Plasma Plan Stablecoin Payment Cards Across Five Currencies, Targeting 100-Plus Countries by 2027
Key Takeaways
- •Stripe and Plasma announced a partnership on October 15, 2026 to issue payment cards that let users spend stablecoins across five fiat currencies: the US dollar, euro, Brazilian real, Mexican peso, and Colombian peso.
- •The card service aims to expand from its current footprint of more than 30 countries to over 100 countries in 2027.
- •Supported stablecoins include USDC, OUSD, and other assets compliant with the GENIUS Act, the US federal framework for payment stablecoins enacted in 2025.
- •Stripe's stablecoin card infrastructure already processes an estimated $1.2 billion in monthly spending as of 2026.
- •Under the partnership, multi-currency accounts of Plasma One neobank customers will transition to Stripe's card infrastructure.
Stripe wants your next overseas purchase to skip the currency exchange counter entirely. The payments company is teaming up with blockchain firm Plasma to roll out payment cards that let users spend stablecoins across five fiat currencies, with availability targeted for more than 100 countries in 2027.
The partnership, announced on October 15, 2026, extends Stripe's existing multi-currency stablecoin card infrastructure rather than starting from a blank slate.
How the cards work
Stablecoins are cryptocurrencies designed to hold a steady value against a reference asset—most often the US dollar—which is what makes them practical for everyday spending. Because stablecoins move the funds behind each transaction, cardholders can avoid currency exchange fees and skip the wait for traditional international transfers to clear before their money is spendable.
The cards will support five fiat currencies:
- US dollar (USD)
- Brazilian real (BRL)
- Euro (EUR)
- Mexican peso (MXN)
- Colombian peso (COP)
On the stablecoin side, supported assets include USDC and OUSD, along with other options compliant with the GENIUS Act, the US federal framework for payment stablecoins enacted in 2025. Users will be able to spend directly from balances held in any of these currencies or stablecoins.
Planned enhancements also include automatic currency selection at the point of purchase.
Where the service stands today
The service is already operational in over 30 countries. The 2027 goal is to push that footprint past 100 countries.
Monthly spending through Stripe's stablecoin card infrastructure is estimated at approximately $1.2 billion as of 2026—a measure of the usage already running through the rails the five-currency expansion will build on.
Plasma's role in the arrangement
Plasma runs a blockchain built specifically for stablecoin transactions. It also operates Plasma One, a neobank app. Under the partnership, Plasma One customers' multi-currency accounts will transition to Stripe's card infrastructure.
What this means for stablecoins and payments
The currency mix is notable: three of the five fiat currencies—the real, the Mexican peso, and the Colombian peso—come from Latin America.
The emphasis on GENIUS Act-compliant stablecoins likewise signals that Stripe is building with regulators in view. Between the announcement and the 2027 target, the concrete markers to watch include the migration of Plasma One accounts onto Stripe's card infrastructure and the rollout of automatic currency selection—steps that will show how the five-currency, 100-plus-country plan takes shape.
