New blog - Stripe Treasury and Balance. Impact on SMB Banks (actions banks should consider). https://blog.starpointllp.com/2026/11/stripe-treasury/

I received this email from Stripe yesterday and, in about 20 seconds, enabled Stripe Treasury (blog revenue). This led me to think about the impact Stripe Treasury will have on SMB Banks. Global free transfers, transparent FX, 1% on balances, optional fiat acct w/ 5th Third. IMHO eCom SMBs, mid market and small commercial will be moving to Stripe Treasury.

The SMB segment is very profitable, and is core to many small banks and CUs. I've outlined a few scenarios they should consider.

On another note, Balance and Treasury are a brilliant way for Stripe to accelerate Tempo/OUSD momentum. They avoid rocking the boat in cards/eCom and focus on high fricton flows, within an existing customer base. Brilliant strategy.