Unlimit enters stablecoin infrastructure race with decentralized clearing house
Unlimit launched a non-custodial platform acting as a clearinghouse for major stablecoins with direct global off-ramps.Summary
Fintech payments provider Unlimit has introduced a non-custodial platform designed to function as a clearinghouse for major stablecoins, aiming to simplify swaps and offer direct global off-ramps in over 150 currencies. The service combines decentralized exchange mechanics with Unlimit's existing global payments network, promising "gasless" and zero-commission conversions to reduce market fragmentation. CEO Kirill Eves stated the platform connects the decentralized finance (DeFi) world with traditional finance, viewing stablecoins as an extension of the US dollar. This move follows similar expansions into stablecoin infrastructure by other fintechs like Stripe, Revolut, and Block, as well as payment giants Visa and Mastercard.
(Source：Cointelegraph)