Arival Bank announces the launch of a new solution through their cof partners that enables clients to make everyday payments using stablecoins.
Arival Bank International Corp (“Arival”), a Puerto Rico-licensed International Financial Entity (IFE) serving business clients worldwide, today announced the launch of a new solution through our network of partners that enables clients to make everyday payments using stablecoins.
Stablecoin has so far been the territory of crypto startups. We believe businesses want the low volatility, stability and utility of stablecoins with the protections of a regulated bank behind them.”
— Arival Bank
Unlike the stablecoin options offered by crypto-native startups, Arival’s stablecoin payments solution operates within a regulated banking environment, with Arival’s full BSA/AML compliance framework, KYC/KYB onboarding, and transaction monitoring applied to every account.
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The launch builds on Arival’s Circle Alliance Partnership, announced earlier this year, and reflects growing demand from the bank’s international client base – particularly digital businesses in Latin America and other markets where stablecoins have become a practical tool for cross-border commerce, reduction and management of foreign exchange volatility and dollar access.
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