Stripe and Plasma partner to develop multi-currency stablecoin cards

On October 15, 2026, Plasma and Stripe partnered to develop multi-currency cards backed by stablecoins, enabling direct spending without conversion fees. Using Stripe's card infrastructure built following its 2024 Bridge acquisition, the product supports currencies including USD, EUR, GBP, USDC, and OUSD. Currently available in over 30 countries with expansion targets above 100 by 2027, the initiative leverages Plasma's Layer-1 blockchain and Plasma One neobank ecosystem.

Partnership and card rollout

• ▪On October 15, 2026, Plasma and Stripe announced a partnership to develop multi-currency cards backed by stablecoins.
• ▪Plasma plans to move to Stripe's card infrastructure as a design partner to enable direct spending in multiple currencies including euros.
• ▪Stripe and Plasma's multi-currency cards are currently usable in over 30 countries, with plans to expand to more than 100 countries by 2027.

Multi-currency card features

• ▪The Stripe-Plasma cards support fiat currencies including USD, EUR, GBP, BRL, MXN, and COP, alongside stablecoins USDC and OUSD.
• ▪Future versions of the Stripe-Plasma multi-currency cards are expected to feature automatic currency selection at checkout to spend from optimal balances.
• ▪The Stripe-Plasma multi-currency cards allow users to spend balances across multiple fiat currencies and stablecoins without paying conversion fees on every purchase.

Plasma One neobank features

• ▪Plasma One cardholders can earn cashback paid in XPL, which is Plasma's native token.
• ▪Plasma One offers three tiers of Visa-linked cards enabling spending from self-custodied or account balances, alongside account yields up to 6%.
• ▪Plasma One launched publicly in June 2026 as a stablecoin-native neobank where stablecoins serve as the central account feature.

Plasma Layer-1 blockchain

• ▪Plasma operates a dedicated Layer-1 blockchain specifically designed for stablecoin payments.
• ▪Transfers of USDT conducted on the Plasma Layer-1 network carry zero fees.