Stripe has launched a sweeping overhaul of its platform with over 60 product updates, anchored by two major innovations—a first-of-its-kind AI payments model and stablecoin-powered financial accounts—aimed at helping businesses scale faster amid a rapidly evolving digital economy.

At its annual Sessions conference, Stripe introduced the world’s first AI foundation model specifically for payments and debuted new stablecoin accounts available in over 100 countries. The announcements come as the fintech heavyweight processed a staggering US$1.4 trillion in payment volume last year, up 38 per cent year-on-year, representing about 1.3 per cent of global GDP.

“There are not one, but two gale-force tailwinds… reshaping the economic landscape around us: AI and stablecoins,” said Stripe CEO and co-founder Patrick Collison. “Our job is to pull these technologies forward so businesses on Stripe can benefit from them right away.”

AI Tailwind: Stripe’s Payments Foundation Model

Built on tens of billions of transactions, Stripe’s new AI model is designed to handle complex payment scenarios that traditional specialised models cannot. The Payments Foundation Model enables Stripe to enhance performance across its suite, with early results showing a 64 per cent improvement in detecting sophisticated card testing fraud among large businesses—nearly overnight.

Stablecoins Go Mainstream with Stripe

Stripe is also making stablecoins usable for global business operations with the rollout of Stablecoin Financial Accounts. Companies can now receive, hold and send funds in dollar-denominated stablecoins like USDC and USDB across both fiat and crypto rails.

This development follows Stripe’s acquisition of stablecoin platform Bridge, and complements a new partnership with Visa to allow users to spend stablecoin balances through Visa cards. Merchants receive fiat currencies regardless of the cardholder’s wallet, simplifying global transactions.

Challenging the FX Status Quo

Multinational businesses can now hold balances in multiple currencies—USD, EUR, and GBP—within Stripe accounts, helping them avoid unnecessary foreign exchange fees. Initially available to US and UK businesses, the feature is expected to roll out to the Eurozone later this year.

Expanding the Ecosystem

Major enterprises are already responding. NVIDIA moved 25 million GeForce Now subscriptions across 70 countries to Stripe Billing in just six weeks, making it the fastest migration in Stripe history. PepsiCo is digitising B2B payments with Stripe to modernise supply chain transactions in the US, while Asia Pacific brands like Luckin Coffee and Shoplazza are leveraging Stripe’s cross-border payment capabilities to scale internationally.

New Tools for a New Era

Stripe also launched Orchestration, a dashboard-based solution that allows companies to manage and optimise multiple payment providers simultaneously. The tool addresses a critical gap for enterprises that rely on several providers but lack unified oversight.

“For enterprises with complex payments architecture, orchestration is essential,” said Jordan McKee, head of fintech research at S&P Global Market Intelligence.

A Platform-Wide Upgrade

Among the 60+ updates: support for 25 more payment methods (including UPI and PIX), usage-based billing capable of processing 100,000 events per second, and a new Managed Payments solution for merchant-of-record operations. Stripe Tax now spans 102 countries, and Stripe Terminal hardware is expanding through third-party integrations.

“We’re building programmable financial services, to make money as easy to manipulate and manage with code as data is,” said Will Gaybrick, Stripe’s President of Product and Business.