Payments platform Infinite announced the launch of Infinite Accounts, a product that combines traditional banking and stablecoin functionality. The accounts are issued through Erebor Bank, N.A., which provides the underlying infrastructure and is a member of the FDIC.
The new offering gives businesses access to dedicated bank accounts with unique routing numbers. These accounts support deposits, withdrawals, ACH transfers, and domestic and international wires. At the same time, they allow interaction with stablecoin networks through a single interface.
Infinite also supports minting and burning of stablecoins linked to fiat funds. The system handles routing between blockchain networks and traditional payment rails, while managing compliance and reconciliation processes in the background.
The company said the solution is aimed at platforms and developers. Through APIs, partners can embed financial services into their own products under their brand. This removes the need to build payment infrastructure or manage direct banking integrations.
Funds held in bank accounts may be eligible for FDIC insurance, while stablecoins are not insured and may carry additional risks.
Image: Freepik
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