According to The Block, B2B stablecoin technology provider Infinite has launched Infinite Accounts, offering banking account services for businesses that support deposits, withdrawals, ACH, domestic and international wire transfers, as well as stablecoin minting, burning, and on-chain transfers, all accessible through a single API.
This service is supported by traditional banking infrastructure from Erebor Bank, which has recently received its license. Infinite states that the fiat currency balance in the accounts may be eligible for FDIC insurance, while the stablecoin balance is not. This move comes at a time when institutional adoption of stablecoins is continuing to heat up.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.





























