Slash launches USD stablecoin based on Stripe Bridge

According to Foresight News, according to CoinDesk, San Francisco New Bank Slash launched the USDSL, the dollar stablecoin issued by Stripe's Bridge, which allows users to store, send and receive USD or stablecoins USDC and USDT in one account, a move aimed at shortening settlement time and reducing foreign exchange fees. Slash said future plans include launching a card that allows businesses to use their stablecoin balances and possibly launching a wallet for holding other crypto assets.


Slash completed a $41 million Series B round in May this year with a valuation of $370 million.

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