Infinite launches banking services with Erebor Bank

B2B stablecoin technology provider Infinite has launched new banking services, supported by the recently chartered Erebor Bank. These new "Infinite Accounts" will offer traditional banking features such as deposits, withdrawals, ACH, and wire transfers, alongside existing stablecoin functionalities. This integration aims to provide a unified API for both fiat and digital currency transactions. The partnership could potentially extend FDIC insurance to fiat balances held within Infinite Accounts, marking a significant step in bridging traditional finance with digital assets for businesses.