Squads launches stablecoin accounts for businesses and receives strategic investment from Haun Ventures

Crypto 7x24

2025-05-15 00:14:37

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According to online reports, according to BlockWorks, the blockchain development team Squadron (building a multi-signature protocol based on Solana) has released an innovative product-Altitude. This solution is essentially a stablecoin native account system that allows companies to directly open US dollar accounts and manage funds without relying on traditional banks or US entities. In addition, Squads said it also received strategic investment from Haun Ventures, but CEO Stepan Simkin declined to disclose specific figures.

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