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USDT Rival Emerges as Slash Launches USDSL Stablecoin with Stripe’s Bridge for Global Payments

USDT Rival Emerges as Slash Launches USDSL Stablecoin with Stripe’s Bridge for Global Payments

Author:
USDT News
Published:
2025-08-06 08:40:49
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[TRADE_PLUGIN]BTCUSDT,BTCUSDT[/TRADE_PLUGIN]

On August 6, 2025, Slash, a San Francisco-based neobank, made a significant entry into the stablecoin market by launching its Global USD Account. This innovative payments and treasury platform is powered by a new dollar-pegged stablecoin, USDSL, which aims to provide businesses with seamless dollar access and cross-border payment efficiency without the need for a traditional U.S. bank account. Leveraging Stripe’s Bridge infrastructure for settlements, Slash’s MOVE taps into the rapidly growing $250 billion stablecoin market, further accelerated by recent regulatory advancements and institutional adoption. The launch of USDSL positions it as a potential competitor to established stablecoins like USDT, offering businesses a compliant and scalable solution for global transactions. This development underscores the increasing integration of stablecoins into mainstream financial systems, driven by demand for faster, cheaper, and more transparent cross-border payments.

U.S. Neobank Slash Launches Stablecoin with Stripe's Bridge for Global Payments

Slash, a San Francisco-based neobank, unveiled its Global USD Account—a payments and treasury platform powered by a new dollar-pegged stablecoin, USDSL. The product targets businesses seeking dollar access and cross-border efficiency without a U.S. bank account, leveraging Stripe’s Bridge infrastructure for settlements.

The move capitalizes on the $250B stablecoin market’s growth, accelerated by the GENIUS Act’s regulatory clarity. Stripe’s $1.1B acquisition of Bridge last year now bears fruit as major players like Amazon and Walmart explore similar solutions. Slash’s platform eliminates forex fees and reduces settlement times for international suppliers.

Poker App Battle 2025: Spartans Gains Edge Over BetRivers and Chumba Casino with Crypto Integration

Spartans, a rising crypto-based poker app, is outperforming established platforms like BetRivers and Chumba Casino by offering 5,963 games, instant Bitcoin (BTC), ethereum (ETH), and Tether (USDT) payouts, and a 300% welcome bonus. The app's seamless integration of digital assets addresses persistent pain points in traditional platforms—slow cashouts, opaque bonuses, and geographic restrictions.

BetRivers' Multi-State Summer Series (MSS) tournament, spanning August 1–10 with $200,000 in prizes, fails to offset its legacy issues. Meanwhile, Chumba's sweepstakes model continues to face criticism. Spartans' crypto-native approach aligns with growing demand for transparent, borderless gaming experiences.

Flipster and Kaia Partner to Extend Stablecoin Access Across Asia

Flipster, a global cryptocurrency trading platform, has joined forces with Kaia, a high-performance public blockchain backed by Asia's IT giants Kakao and LINE, to enhance the utility of native Kaia USDT. The collaboration aims to drive stablecoin adoption and integrate digital assets into everyday financial activities across Asia.

The partnership enables seamless capital deployment across the KAIA network, offering traders access to stablecoin-powered opportunities in real-world applications such as tokenized assets, NFT marketplaces, and payments via LINE Messenger's extensive user base. "Kaia is shaping the future of stablecoin adoption in Asia and beyond," said Youngsun Shin of Flipster. The integration expands Flipster's multichain infrastructure, bridging the gap between digital assets and practical use cases.

|Square

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