Merge's Named EUR IBANs: Stablecoins Get Real Bank Accounts – But Who's Profiting?
Imagine getting paid in USDC but depositing it like euros into your bank. Merge's new Named EUR IBANs promise that. But after 20 years in this game, I've seen plenty of 'bridges' collapse.
Fintech DoseApr 07, 20264 min read
⚡ Key Takeaways
Named EUR IBANs bridge fiat and stablecoins via API, easing payments for freelancers and SMBs.𝕏
Backed by Octopus and Coinbase, but skepticism high on real-world adoption amid reg risks.𝕏
Could mirror Wise's success, slashing on-ramp fees – if it scales without glitches.𝕏
The 60-Second TL;DR
Named EUR IBANs bridge fiat and stablecoins via API, easing payments for freelancers and SMBs.
Backed by Octopus and Coinbase, but skepticism high on real-world adoption amid reg risks.
Could mirror Wise's success, slashing on-ramp fees – if it scales without glitches.