Stripe Unveils AI-Powered Fraud Detection and Stablecoin Accounts in Global Crypto Push

Stripe is doubling down on crypto and AI with major updates unveiled at its annual user conference in San Francisco. The payments giant announced the launch of Stablecoin Financial Accounts, enabling businesses in over 100 countries to hold balances in dollar-backed stablecoins such as USDC and USDB. These accounts support global payments and allow firms to send, receive, and manage stablecoins alongside traditional payment methods.

Alongside its crypto revival, Stripe introduced a new Payments Foundation Model—an artificial intelligence system trained on billions of transactions. This AI-driven model is designed to enhance fraud detection and boost payment authorization rates, offering businesses smarter and safer payment processing.

Stripe CEO Patrick Collison highlighted the transformative power of these technologies, calling AI and stablecoins “gale-force tailwinds” reshaping the global economy. The company’s renewed crypto efforts follow its 2018 retreat due to high fees and slow speeds. Since then, Stripe has re-entered the space with initiatives like “Pay with Crypto,” launched in late 2024 in partnership with Paxos.

In a major strategic move earlier this year, Stripe acquired Bridge, a stablecoin payments platform founded by Coinbase veterans, for $1.1 billion. Bridge had processed over $5 billion in stablecoin transactions and served clients including SpaceX.

Stripe also rolled out new multi-currency accounts that let businesses hold and convert funds in USD, EUR, and GBP while minimizing foreign exchange costs—appealing to global enterprises seeking efficient cross-border payment solutions.

With $1.4 trillion in total payment volume processed in 2024—equivalent to 1.3% of global GDP—Stripe’s latest push signals a firm commitment to future-proofing payments through blockchain and AI innovation.