Slash partners with Stripe to launch stablecoin, promoting global business payments

According to HashChain news, San Francisco-based neobank Slash has announced a collaboration with Stripe's Bridge to launch a new USD stablecoin payment platform. This platform, named 'Global USD Account', is designed for companies that wish to make cross-border payments in USD without a U.S. bank account, supporting the use of the stablecoin USDSL. Users can store, send, and receive both USD and stablecoins in the same account, which will shorten cross-border payment settlement times and eliminate foreign exchange fees.