--- title: "New currency capabilities for global businesses to cut FX costs" url: https://daily.dev/posts/new-currency-capabilities-for-global-businesses-to-cut-fx-costs-pwzbsasmw source_url: https://stripe.com/blog/reduce-fx-costs-with-stripe type: article source: "Stripe" published: 2026-08-17T16:06:07.906Z updated: 2026-08-17T16:06:30.334Z tags: ["fintech", "stripe"] reading_time: 5 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # New currency capabilities for global businesses to cut FX costs **[Stripe](https://daily.dev/sources/stripe)** · 5 min read · 0 upvotes · 0 comments ## Summary Stripe is expanding multicurrency settlement to 37 markets and up to 18 currencies by the end of 2026, and launching instant currency conversion across 15 currencies with real-time rates and no hidden markups. These features let global businesses settle, hold, and convert funds directly on Stripe, avoiding the 'double FX trap' of paying conversion fees twice. Companies like Canva, Voodoo, Kustom, and Turo already use these tools to cut FX costs and streamline cross-border payouts. Upcoming additions include automated conversions, expanded API workflows, and deeper integration with Stripe Treasury and Global Payouts. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How many currencies does Stripe's instant currency conversion support? Stripe's instant currency conversion supports converting funds between 15 currencies, with additional currencies planned for 2026. Businesses can convert 24/7 through the Stripe Dashboard, API, or mobile, seeing real-time rates without hidden markups or weekend surcharges. An API is also available for automating conversions or letting platforms offer currency management to their merchants. _Track Stripe's currency conversion rollout on daily.dev while planning cross-border payment workflows._ ### How many markets will Stripe's multicurrency settlement cover by the end of 2026? By the end of 2026, businesses in 37 markets, including Australia, Hong Kong, and Singapore, will be able to settle payments in up to 18 currencies depending on where they operate. This expands on the multicurrency settlement feature Stripe introduced two years earlier, which already saw 35% growth in adoption between 2024 and 2025. _Follow payment infrastructure updates like this on daily.dev when planning international expansion._ ## Similar posts on daily.dev - [New ways to turn global demand into revenue](https://daily.dev/posts/new-ways-to-turn-global-demand-into-revenue-zsk2onkwj) · Stripe · 0 upvotes · 0 comments - [Introducing stablecoin payments for subscriptions](https://daily.dev/posts/introducing-stablecoin-payments-for-subscriptions-ybtppsrl0) · Stripe · 1 upvotes · 0 comments --- Tags: [#fintech](https://daily.dev/tags/fintech), [#stripe](https://daily.dev/tags/stripe) [View this post on daily.dev](https://daily.dev/posts/new-currency-capabilities-for-global-businesses-to-cut-fx-costs-pwzbsasmw)