TechFlow News, April 22: According to The Block, B2B stablecoin technology provider Infinite has launched Infinite Accounts—a banking account service for enterprises supporting deposits, withdrawals, ACH transfers, domestic and international wire transfers, as well as stablecoin minting, redemption, and on-chain transfers—all accessible via a single API. This service is backed by traditional banking infrastructure provided by Erebor Bank, which recently obtained its banking license. Infinite states that fiat balances held in these accounts may be eligible for FDIC insurance, whereas stablecoin balances are not. This launch comes amid steadily growing institutional adoption of stablecoins.
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