Tech bank Column, founded by William Hockey (former co-founder of Plaid), launched four new financial products: stablecoin infrastructure, full-stack card issuance, global banking, and multi-currency accounts. The offering makes USDC (73.56 billion dollars market cap) and USDT (183.29 billion) interoperable with the US dollar 24 hours a day and instantly. Column already counts major clients such as Ramp, Brex, Bilt, Mercury and Kapital, with billions of dollars processed on each product and tens of billions in annualized volume on the stablecoin product alone. This complete integration could render obsolete crypto projects and fintechs that only add a superficial layer over external providers, as Column now offers everything under a single API contract.
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