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Banks

Japan's SBI Holdings to invest $100 million in US stablecoin-enabled bank Erebor

The Migration by ·

SBI Holdings said it will invest $100 million in Erebor Bank, a nationally chartered US bank, through its US subsidiary. Erebor supports stablecoin deposits and withdrawals, and SBI said it will explore broader collaboration with the bank.

Sources

  1. Ledger Insights
  2. CoinMarketCap Academy

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