金色财经|12月 17, 2025 08:23
[Lead Bank Reportedly Reduces Cooperation with Certain Stablecoin Payment Companies]
According to a report by Jinse Finance, informed sources revealed that lending institution Lead Bank has reduced its cooperation with certain stablecoin payment companies in recent months due to concerns over clients taking on excessive risks. The bank has also introduced new restrictions on acceptable client source countries and industries. Other industry insiders noted that stricter scrutiny of user identities and sources of funds has led to longer transaction settlement times and account opening processes.
Lead Bank's actions are significant because it is one of the few banks still willing to handle USD payments for stablecoin users. Most well-known stablecoin payment startups, such as Bridge under Stripe, BVNK, and Brale, rely on Lead Bank to provide services for users looking to exchange between fiat currencies and cryptocurrencies.
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