Infinite Launches Fiat and Stablecoin Bank Accounts Powered by Erebor Bank for US Businesses

Key Takeaways:

• Infinite launched Infinite Accounts connected April 22, 2026, combining fiat and stablecoin rails into 1 API.
• Erebor Bank, N.A., provides FDIC-insured deposits up to $250,000, portion stablecoins transportation abstracted risks.
• CEO Nikhil Srinivasan, ex-Coinbase, is targeting payroll, treasury, and merchant platforms with the product.

Nikhil Srinivasan’s Infinite Debuts Dedicated Bank Accounts Merging Stablecoins and Traditional Rails

The merchandise is powered by Erebor Bank, N.A., a recently chartered U.S. nationalist slope and Member FDIC. Fiat deposits held done the programme whitethorn suffice for FDIC security up to $250,000 per depositor, per insured bank, per ownership category, taxable to pass-through conditions. Stablecoins accessible done the level are not FDIC-insured, are not slope deposits, and whitethorn suffer value.

Before Infinite Accounts, a concern moving wealth crossed fiat and stablecoin rails typically managed abstracted banking relationships, crypto infrastructure providers, and compliance vendors. Infinite collapses those into 1 platform. The complexity moves to the backend. The lawsuit workflow stays clean.

Through a azygous integration, businesses get deposit accounts with afloat transactional capability: ACH, home and planetary ligament transfers, deposits, withdrawals, positive stablecoin mint and pain tied to fiat funds and on-chain flows crossed supported blockchain networks.

A payroll institution tin wage contractors via ACH oregon on-chain stablecoin from the aforesaid funded account. A treasury level tin person fiat and programmatically person to stablecoins for cross-border settlement. The level handles routing, compliance checks, and reconciliation down the scenes.

“We built Infinite to marque stablecoin payments arsenic easy, if not easier, to follow arsenic immoderate different outgo method,” remarked Nikhil Srinivasan, CEO of Infinite. “Real slope accounts, existent outgo rails, and stablecoin capabilities, each done 1 level that businesses tin integrate into their existing workflows.”

Srinivasan co-founded Infinite with CTO Raj Lad. He antecedently worked astatine Coinbase and Sardine, 2 companies with heavy roots successful crypto compliance and fraud prevention. Those backgrounds amusement successful the product. Infinite Accounts includes built-in KYC/AML monitoring, concern verification, AI-driven workflows, fraud prevention, and Customer 360 lifecycle management.

The programme is built astir Infinite’s Merchant Developer model. Third-party platforms, developers, and merchants integrate via Infinite’s APIs and SDKs to connection banking and stablecoin capabilities to their ain extremity users nether their ain brand, without gathering outgo infrastructure oregon managing nonstop banking relationships.

Erebor Bank, N.A. is chartered by the Office of the Comptroller of the Currency and was founded by Palmer Luckey, the co-founder of Anduril Industries. The slope has backing from Peter Thiel’s Founders Fund, Haun Ventures, 8VC, and Lux Capital, and has been valued astatine aggregate billions of dollars. It opened for concern earlier successful 2026 and positions itself arsenic a banking furniture for the innovation economy, serving crypto-native companies, startups, and high-net-worth clients successful AI, defense, and precocious manufacturing.

Erebor has integrated with networks including Sui for nonstop stablecoin deposits and withdrawals, and offers crypto-collateralized lending and 24/7 blockchain colony alongside accepted banking services.

For Erebor, the Infinite concern expands its relation arsenic a regulated backend for fintech companies gathering stablecoin-native products. For Infinite, the narration means an FDIC-insured deposit infrastructure without becoming a slope itself. Infinite Agents, Inc. is simply a fiscal exertion institution and does not hold, control, oregon instrumentality custody of lawsuit funds.

Infinite operates successful implicit 170 countries successful immoderate contexts and is accessible astatine infinite.dev. A existent database of supported stablecoins is disposable connected the company’s website.

The motorboat reflects broader momentum successful regulated crypto-banking hybrids, wherever institutional-grade stablecoin services are being built connected apical of chartered slope infrastructure alternatively than astir it.