Infinite, a B2B stablecoin technology provider, has introduced Infinite Accounts, a new bank account service for businesses. This service supports a range of financial operations including deposits, withdrawals, ACH, and both domestic and international wire transfers. Additionally, it facilitates stablecoin minting, burning, and on-chain transfers, all accessible via a single API. The service is backed by Erebor Bank, which has recently secured its regulatory license. While fiat balances in these accounts may qualify for FDIC insurance, stablecoin balances do not. This launch aligns with the growing institutional interest in stablecoins, offering a streamlined solution for businesses to manage both fiat and digital currencies.
Infinite Launches Bank Account Service with Fiat and Stablecoin Transfers
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