Californian Neobank Slash Bets on Own Stablecoin to Streamline Global Dollar Access

Slash, a Californian neobank founded in 2022 by Victor Cardenas and Jack Jia, is introducing a Global USD account that enables businesses to store, send, and receive both stablecoins and U.S. dollars.

According to a press release shared with The Defiant, the product leverages Slash’s own USDSL stablecoin, which is issued by Bridge, a stablecoin API platform that was acquired by Stripe in February for $1.1 billion.

With the Global USD account, the San Francisco-headquartered neobank says businesses can convert between stablecoins like USDT and USDC, hold balances in USDSL, and off-ramp to U.S. bank accounts using ACH, SWIFT, or wire transfers. The account also supports treasury management features for crypto-native firms.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

6,822

本页面内容由第三方提供。除非另有说明，欧易不是所引用文章的作者，也不对此类材料主张任何版权。该内容仅供参考，并不代表欧易观点，不作为任何形式的认可，也不应被视为投资建议或购买或出售数字资产的招揽。在使用生成式人工智能提供摘要或其他信息的情况下，此类人工智能生成的内容可能不准确或不一致。请阅读链接文章，了解更多详情和信息。欧易不对第三方网站上的内容负责。包含稳定币、NFTs 等在内的数字资产涉及较高程度的风险，其价值可能会产生较大波动。请根据自身财务状况，仔细考虑交易或持有数字资产是否适合您。