Gate News message, April 22 — B2B stablecoin technology provider Infinite has launched Infinite Accounts, a banking account service for enterprises that supports deposits, withdrawals, ACH transfers, domestic and international wire transfers, as well as stablecoin minting, burning, and on-chain transfers through a single API.
The service is powered by Erebor Bank, which recently obtained a banking license and provides traditional banking infrastructure. Fiat balances in the accounts may be eligible for FDIC insurance protection, while stablecoin balances are not covered.
The launch comes as institutional adoption of stablecoins continues to accelerate.
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