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Infinite Launches Infinite Accounts Offering Fiat and Stablecoin Banking Services, Backed by Erebor Bank

GateNews
Project ProgressPartnerships & Ecosystem

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.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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