🧵MiCA authorization isn't one blanket permission.
Here's where it sits in a stablecoin payment flow, and why the euro legs run under a different regime entirely.
Due
@due_network
Borderless virtual accounts, instant global transfers, stablecoin & fiat rails in 80+ markets. Pay & get paid cheaper, faster, smarter with Due.
- Big launch from @ether_fi. Proud to be building alongside, as they keep pushing the neobank model forward 🚀
- Your Bitcoin vault now gives you a bank account. Get your own USD, EUR, GBP, BRL and MXN account details inside Xverse. Receive a bank transfer, it lands as USDC in self-custody. Put it to work, or stack more BTC. No centralized exchange in the middle. Powered by @due_network.
- 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.
ArticleWho Banks the Neobanks? The Hidden Vendors Behind Stablecoin NeobanksAll of the top stablecoin neobanks offer some form of fiat account: a US account number, an IBAN, or other personalized bank details similar to those provided by a traditional bank. While the... - 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.
