Global FinTech Company Unlimited has launched a non-custodial stablecoin clearinghouse designed to simplify blockchain transactions for businesses and individuals.
THE Stable.com The platform integrates a non-custodial exchange with Unlimit’s global payments infrastructure so users can trade and access all major stablecoins, the company said Tuesday (December 2). press release.
The platform allows gas- and commission-free conversions on all major stablecoins; provides native output from stablecoins to local currencies around the world; and allows users to keep complete control of their funds, according to the press release.
“Stable.com leverages Unlimit’s unrivaled global payments infrastructure, developed over the last 16 years, to seamlessly connect the world of DeFi with traditional finance,” CEO and Founder of Unlimit. Kirill Eves said in the press release. “Today, we are empowering the crypto industry to evolve, progress and unlock its full potential. »
Stable coin Adoption has aimed beyond the cryptocurrency market liquidity it has been used for for years, aiming for potentially practical and concrete solutions, PYMNTS reported in March.
While stable coins have become fundamental instruments in global commerce, remittances and decentralized finance, each transaction involves a complex web of operational, technical and security frameworks, PYMNTS reported in May.
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“The biggest problem in crypto isn’t adoption, it’s user experience.” Mesh CEO and co-founder Bam Azizi » said PYMNTS at the time. “You have to make payments so simple that even a grandmother will use it one day, perhaps without even knowing that the mechanism behind the scenes is a stablecoin… to do that you have to do a lot of work.”
Following the adoption of new American legislation on cryptocurrencies, the GENIUS Law, stable payment volume soared to over $10 billion in August, blockchain data provider says Artemis Analytics.
This figure is up from $6 billion in February and more than double the volume in August 2024. Artemis Analytics said stablecoin payments could reach $122 billion over a full year.
“It is well understood that stablecoins have evolved from being just a tool used by traders and crypto exchanges to easily move money without relying on banks, to a more widely used tool for consumer and business payments,” the company said.
