Stablecoin infrastructure provider Infinite has expanded into banking, rolling out new financial services built on a partnership with Erebor Bank. The move introduces hybrid accounts that combine traditional banking rails with stablecoin functionality. This new model will allow businesses to manage both fiat and digital assets within a single system.
The new offering, dubbed Infinite Accounts, will function just like bank accounts, have routing numbers, and natively support fiat and stablecoin transactions. Users can access these features through a simple API integration.
Hybrid Accounts to Combine Banking and Stablecoin Rails
The integration addresses a longstanding gap between traditional banking and crypto systems. Stablecoins offer faster, always-on settlement, and Infinite has primarily operated as a B2B provider of stablecoin payment technology.
With this rollout, the company is extending its offering to include full-service financial accounts tailored for businesses. This service is especially timely as stablecoins continue to move closer to core banking operations.
The new accounts support both traditional and on-chain transactions. Businesses can move funds using ACH transfers and wire payments, as well as stablecoin transfers on blockchain networks. This unified structure streamlines treasury and payment operations. Businesses would no longer need to operate separate systems for fiat and crypto transactions.
While fiat balances in Infinite Accounts may be eligible for FDIC insurance, stablecoin balances would not. However, the announcement clarified that Infinite is not a bank.
Erebor Partnership Expands Crypto-Native Banking
The banking layer is provided by Erebor Bank, a financial institution backed by investors including Peter Thiel. Erebor is a tech-friendly bank serving technology-driven sectors, like crypto, that often face limitations with traditional banking providers.
The launch reflects a broader shift in financial infrastructure. As demand grows for faster and more flexible payment systems, companies are increasingly turning to hybrid models that integrate stablecoins with traditional banking.
For instance, Convera, the world’s biggest non-bank commercial payments provider partnered with Ripple to add stablecoin-powered payments to its platform. Additionally, French banking giant Societe Generale entered a similar partnership to launch a Euro stablecoin on the XRP Ledger.
As stablecoin adoption continues to grow, these hybrid models are likely to become a mainstay in how businesses manage payments, liquidity, and financial operations.
Temitope Olajide
