Use stablecoins in Global Financial AccountsPublic preview

Global Financial Accounts allow you to receive, store, and send funds globally as stablecoins or fiat currencies.

Overview

Availability

Add funds to your stablecoin balance

To get started, fund your stablecoin balance.

Add from a bank account

1. On the Balances overview, click Add funds.
2. Click Bank transfer.
3. Copy the required account information, then complete the transfer through your bank.

Add from a crypto wallet

1. On the Balances overview, click Add funds.
2. Click Crypto transfer.
3. Select a crypto network.
4. Copy the wallet address or scan the QR code with your crypto wallet.
5. Click Done.

Transfer from your stablecoin balance

You can withdraw money from your stablecoin balance to your external bank account or crypto wallet.

1. On the Balances overview, click Transfer.
2. Select the external account to transfer to or create a new one. For bank transfers, the amount automatically updates based on current exchange rates.
3. Click Review to check the details and cost breakdown of the transfer, then click Transfer.

Pay out from your stablecoin balance

You can pay out money to other people or businesses from your stablecoin balance. You need their bank account or crypto wallet information to complete the transfer.

1. On the Balances overview, click Send.
2. Select an existing recipient or create a new one. If you create a new recipient, you can choose which payout methods to add. You can also update this on the Directory page.
3. Select the external account to transfer to. For bank transfers, the amount automatically updates based on current exchange rates. An exact rate isn’t guaranteed.
4. Click Review to check the details and cost breakdown of the transfer, then click Pay out.

Create cards backed by stablecoins Private preview

Creating cards backed by stablecoins in a financial account is available in private preview in select Latin American markets. Eligible users who are invited to the private preview have the option to issue stablecoin-backed cards in their financial account.

Custody of stablecoin balances

• Your stablecoin balance is custodied by Bridge, a Stripe company.
• We hold your stablecoin balance in either USDC, issued by Circle, or USDB, issued by Bridge. You can see your balance currency by clicking the information icon next to your balance.
• Both USDC and USDB are pegged to USD with a one-to-one ratio.
• USDB is an infrastructure or “closed-loop” stablecoin issued by Bridge. It’s always backed one-to-one by the equivalent value of US dollars held in cash and short-duration money market funds with BlackRock.