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.

Issue cards backed by stablecoins Private preview

Issuing cards backed by stablecoins in Financial Accounts is available in private preview in select Latin American markets now, with more regions coming soon. Eligible users who are invited to the private preview will see the option to issue stablecoin-backed cards in their Financial Account.

Considerations

Keep in mind the following when managing your stablecoin balance in your stablecoin financial account:

• Your stablecoin balance is custodied by Bridge, a Stripe company.
• We might hold your stablecoin balance in either USDC, issued by Circle, or USDB, issued by Bridge. You can see how we hold your balance by clicking the information icon next to your balance.
• USDB is an infrastructure 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 at BlackRock.