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Gat
Unlimit launched Stable.com, creating a decentralized stablecoin clearing platform.
Fintech company Unlimit announced the launch of Stable.com on Tuesday, a decentralized clearing platform specifically designed for stablecoins. The platform integrates non-custodial stablecoin exchanges with global fiat withdrawal channels, aiming to provide users with a more convenient trading experience.
Stable.com allows users to trade between mainstream stablecoins without paying gas fees or commissions, while fully controlling their own funds. By connecting decentralized channels to Unlimit's global payment network, users can exchange local currencies in over 150 markets and with more than 1000 payment methods, eliminating the friction and custody risks of traditional crypto platforms.
Unlimit indicates that the platform aims to simplify the increasingly decentralized stablecoin market, making it easier to use in everyday transactions. Stable.com integrates mainstream stablecoins into a single interface and connects with existing fiat payment channels, providing support for the application of stablecoins in global commerce.
Kirill Eves, CEO of Unlimit, pointed out that stablecoins are an emerging extension of the US dollar and an increasingly important tool for global business. Stable.com aims to connect Decentralization Finance (DeFi) with traditional financial systems, providing users with secure, convenient, and efficient clearing services.
Founded in 2009, Unlimit serves tens of thousands of businesses and over 1 billion users, with its global licensing and payment layout providing regulatory and infrastructure support for Stable.com, enabling the platform to launch as a mature product rather than a pilot project. (CoinDesk)