Independent benchmark of the payment infrastructure behind stablecoin neobanks, tested with real money. Kudos to the @Paymentscan team for the thorough work.
Read the article to see how Due performed.
We deposited and withdrew thousands from leading neobanks to test the fees and coverage of top banking vendors.
We found one neobank charging ~2% FX spreads while another delivered near-perfect mid-market rates. https://t.co/YtRccFq0Aa
AUD virtual accounts are live on Due 🇦🇺
Platforms can give customers dedicated Australian banking details to collect AUD via NPP. T+0 settlement. One integration.
ℹ️ Due is not a bank. Banking services are provided by Due's regulated bank partners.
Introducing Oversee Pay
We're rebuilding how Pakistanis manage their finances across two worlds, starting with sending money home.
Pakistan is one of the world's largest remittance markets, yet sending money is still slow and costly. We use stablecoins to move it across borders in seconds at close to the real rate.
We've spent the last few months building out of New York with @alliance and the response has blown us away. Onboarding as fast as we can, sign up below.
Named GBP virtual accounts are live on Due 🇬🇧
Business customers get a GBP account in their own company name, collecting over Faster Payments, BACS, and CHAPS. One integration.
ℹ️ Due is not a bank. Banking services are provided by Due's regulated bank partners.
How do you build borderless banking for remote workers without becoming a bank in every market?
@getrizon did it by integrating with Due.
One API for local currency accounts, compliance, and automatic fiat-to-stablecoin conversion.
Read the full story: https://t.co/CjSbGz7l8Q
Rizon 🤝 @due_network
Building internet-native financial infrastructure takes strong partners.
Excited to work together on pushing global payments and dollar banking alternative forward.
⚡️Due now supports USDT settlement on BNB Chain, one of the largest stablecoin networks around, with deep liquidity and low-cost settlement.
For builders: on-ramp local currency into USDT, off-ramp worldwide, or route across BNB Chain and Due's other networks, one API.
ℹ️ USDT is not available for clients in the EU.
Read more: https://t.co/6F8th5tyyP
Named EUR virtual accounts are live on Due 🇪🇺
Each business customer gets a dedicated EUR account in their own company name, over SEPA and SEPA Instant.
Read more: https://t.co/Ld3zS5PQ3G
@arsen_fa We take account decisions seriously and don't comment on individual cases publicly. If you'd like to discuss this, email [email protected] with your account details.
🇪🇺 Only 245 of ~1,200 crypto services in the EU made it past MiCA authorisation. Grandfathering ended July 1st.
Due Network S.L. is one of them. CNMV-licensed for crypto-fiat and crypto-crypto exchange, passportable across 30 EEA markets.
Need licensed crypto-fiat infrastructure in Europe? Let’s talk
You can now check ESMA’s public register here: https://t.co/Omo6b7e4t9