Slash Launches US Dollar Stablecoin USDSL Based on Stripe Bridge
2025-08-05 21:54:41
Slash, a new San Francisco bank, launched USDSL, a US dollar stablecoin issued by Stripe's Bridge, to support global US dollar account services. The product enables US dollar deposits and cross-border transfers without the need for a US bank account, aiming to shorten settlement times and reduce foreign exchange fees. Slash completed a $41 million Series B round of financing in May this year, valuing it at $370 million.
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