Atlas Enhances Banking Experience with Comprehensive Stablecoin Accounts

Atlas has recently unveiled a significant expansion to its multi-currency banking product by introducing stablecoin accounts. This innovative move is designed to offer businesses and private wealth structures the capability to send, receive, and maintain stablecoins in a manner akin to traditional bank accounts. The implementation of these accounts marks a pivotal moment for both Atlas and its clientele, significantly easing the complexities typically associated with digital currencies.

Established in 2018, Atlas operates on solid regulatory foundations across more than 150 countries, providing a globally regulated banking solution. The launch of stablecoin accounts aligns with a remarkable trend; the stablecoin industry experienced an impressive annualized transaction value of $15.6 trillion in 2024. This staggering figure notably surpassed the transaction volumes of major payment networks like Visa and Mastercard.

Stablecoins, which maintain a stable value by being pegged to traditional currencies or assets, are rapidly gaining traction in the financial ecosystem. Unlike conventional cryptocurrencies, stablecoins facilitate seamless transactions, a feature that clients are increasingly seeking in today's fast-paced market. The pleasant surprise for many users? All transactions can now be conducted around the clock, regardless of weekends or bank holidays.

The feature-rich stablecoin accounts enable holders to engage with approximately 200 diverse stablecoins across more than 50 blockchain networks. Notable examples include USDC (Circle), USDT (Tether), RLUSD (Ripple), and PYUSD (PayPal). According to James Robertson, the Head of Product at Atlas,