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Unlimit Announces Stable.com For Enabling Easy Stablecoin Clearing
Unlimit Announces Stable.com For Stablecoin Clearing. Photo By Rupixen On Unsplash.
Unlimit has announced it is launching the Stable.com platform for stablecoin clearing.
The fintech provider has launched a new product, an easy-to-use stablecoin swap platform Stable.com, which will act as a clearing house enabling stablecoin swaps across popular blockchain networks. Largely, this geared towards servicing not only existing crypto native users and industry participants, but also for the incoming wave of traditional finance.
CEO and Founder of Unlimit Kirill Eves had expressed:
“Stablecoins have established themselves as an extension of the US dollar – a powerful instrument for international trade and savings. Stable.com leverages Unlimit’s unrivalled global payments infrastructure, developed over the past 16 years, to seamlessly connect the world of DeFi with traditional finance. Today, we empower the crypto industry to evolve, advance, and unlock its full potential.”
Stable is tackling is the difficulty for the non-crypto user to carry out stablecoin transfers and removing the bridging / wrapping complex, as well as integrating the 'last-mile' native off-ramp capability (ApplePay is now available for off-ramping to certain fiat currencies when selected). Additionally, the platform is non-custodial for user accessibility to holdings.
Note: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.
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