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Fintech payment company Unlimit launches stablecoin V-Custody platform
Source: DigitalToday Original Title: Fintech Payment Unlimited Joins the Competition for Stablecoin Infrastructure Original Link: https://www.digitaltoday.co.kr/news/articleView.html?idxno=609600
The fintech payment company Unlimit( is reported to be launching a non-custodial) platform aimed at innovating stablecoin payment infrastructure.
This service simplifies stablecoin swaps by utilizing the decentralized exchange ( DEX ) mechanism and the unlimited existing global payment network, providing direct off-ramps ( to convert cryptocurrencies into fiat currency in over 150 currencies.
Unlimited is a company established in London in 2009, currently providing payment infrastructure in over 200 jurisdictions. Kirill Ebes, CEO of Unlimited, stated that “stablecoins are increasingly serving as a digital extension of the US dollar” and added that “this platform will play an important role in connecting DeFi and traditional finance.”
The initial list of supported stablecoins has not been disclosed, but Unlimit is expected to provide fee-free transactions by combining with a global payment network.