💳 Payments & Wallets

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.

Merge dashboard showing Named EUR IBANs for fiat and stablecoin transactions

⚡ 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
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Originally reported by Finextra

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