AllScale Settles $5M in Invoice Payments via Stablecoins

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AllScale settled $5 million in invoice payments via stablecoins, according to Jinse. Over 150,000 users across multiple regions used the self-custodial digital bank to issue and receive invoices. The platform is expanding use cases for stablecoins in business transactions. AllScale also announced a new feature to enhance global invoice payments and hinted at a future token launch to support its growth.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.