Xapo Bank Expands its Stablecoin Payment Rails, Becoming The First Licensed Bank To Enable Tether Deposits and Withdrawals

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Last updated 16 setembro 2024

Xapo Bank Expands its Stablecoin Payment Rails, Becoming The First Licensed Bank To Enable Tether Deposits and Withdrawals

Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails. Beginning with a phased rollout, the payment rails will be fully available to all members by the end of the month. Building on its existing USDC rails that were launched in March, the bank is now enabling members to leverage the world’s most widely adopted stablecoin for payments as an alternative to time-consuming and costly SWIFT rails.

Xapo Bank expands stablecoin payment rails to accommodate Tether - CityAM

Xapo Bank & Circle - First Licensed Bank Integrating USDC Payment Rails

Xapo - Recent News & Activity

Xapo Bank Becomes The First Fully Licensed Bank To Enable USDC Deposits and Withdrawals

Xapo Bank Enables USDC Payment to Develop Alternate of SWIFT System

Xapo Bank expands stablecoin payment rails to accommodate Tether - CityAM

Market research Great Wall of Numbers

Xapo Bank Announces Updated Member Benefits Including 4.1% interest on US Dollars, 1% Interest on Bitcoin, and GBP Transfer Capabilities through the Faster Payment System (FPS)