BlockBeats news, on May 14, according to BlockWorks, the blockchain development team Squads (which builds multi-signature protocols based on Solana) launched an innovative product - Altitude. This solution is essentially a native account system for stablecoins, allowing businesses to directly open dollar accounts and manage funds without relying on traditional banks or US entities.
In addition, Squads stated that it has also received strategic investment from Haun Ventures, but CEO Stepan Simkin refused to disclose specific numbers.
