"Infinite Accounts allows businesses to manage both fiat and stablecoin transactions through a single API, streamlining financial operations and reducing complexity in banking relationships."
"The product is backed by Erebor Bank, N.A., providing FDIC insurance for fiat deposits, while stablecoins present separate risks and are not insured."
"With Infinite Accounts, businesses can execute a range of transactions, including ACH, wire transfers, and stablecoin operations, all from one funded account."
Infinite Accounts, launched on April 22, 2026, offers businesses dedicated bank accounts that combine traditional payment systems and stablecoin networks through one API. Powered by Erebor Bank, N.A., these accounts provide FDIC-insured deposits up to $250,000. The service simplifies financial operations by merging separate banking relationships and compliance vendors into a single platform. Businesses can perform various transactions, including ACH and wire transfers, while also managing stablecoin minting and burning, enhancing operational efficiency for payroll and treasury functions.
Read at news.bitcoin.com
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