Plasma partners with Stripe to build multi-currency stablecoin cards

Plasma and Stripe are teaming up to build multi-currency cards backed by stablecoins. The goal is to let people spend balances in several currencies without paying conversion fees on every purchase. The deal was announced on October 15, 2026. It makes Plasma, the company behind the Plasma Network and the Plasma One neobank, a design partner for Stripe’s stablecoin card infrastructure. What the cards are supposed to do The core idea is direct spending. A user holding several currencies or stablecoins can pay from those balances as they are, rather than converting everything into one currency first. The supported fiat currencies include USD, EUR, GBP, BRL, MXN, and COP. On the stablecoin side, the list includes USDC and OUSD. The cards are currently usable in more than 30 countries. The companies plan to expand to over 100 countries, with 2027 as the target. Future versions are expected to add automatic currency selection. The card would pick which balance to spend from, so the user does not have to toggle between currencies at checkout. The numbers behind Stripe’s stablecoin push Stripe’s stablecoin card spending has reportedly reached approximately $1.2 billion monthly as of 2026. ...