ChainCatcher news, according to Coindesk, the digital bank Slash in San Francisco, USA, announced a partnership with Stripe's Bridge to launch the stablecoin USDSL, creating a "global dollar account" payment platform.
This solution allows businesses without a US bank account to make cross-border payments using stablecoins, significantly reducing foreign exchange costs and accelerating settlement speed. Slash revealed that its stablecoin payment feature has processed nearly $1 billion in annualized transaction volume and plans to launch a corporate card supporting stablecoin consumption. This collaboration comes at a time when the regulatory framework for stablecoins is being clarified following the implementation of the US "GENIUS Act," and Slash has just completed a $41 million Series B funding round, with a valuation of $370 million.