Slash hits $1.4B as stablecoin payments move into boring B2B banking

cryptonews

Apr 17

Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into back‑office banking rails. Summary Enterprise banking...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2628204073"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2628204073\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2628204073?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-17 21:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2628204073","market":"sh","top_or_hot":-1,"title":"Slash hits $1.4B as stablecoin payments move into boring B2B banking","media":"cryptonews","content":"<div>\n<p>Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into back‑office banking rails.\n\n\nSummary\n\n\n\nEnterprise banking...</p>\n\n<a href=\"https://crypto.news/slash-hits-1-4b-as-stablecoin-payments-move-into-boring-b2b-banking/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Slash hits $1.4B as stablecoin payments move into boring B2B banking</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSlash hits $1.4B as stablecoin payments move into boring B2B banking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-17 21:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/slash-hits-1-4b-as-stablecoin-payments-move-into-boring-b2b-banking/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into back‑office banking rails.\n\n\nSummary\n\n\n\nEnterprise banking...</p>\n\n<a href=\"https://crypto.news/slash-hits-1-4b-as-stablecoin-payments-move-into-boring-b2b-banking/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1861217088.USD","symbol_name":"贝莱德金融科技A2","start_time":0,"source_url":"https://crypto.news/slash-hits-1-4b-as-stablecoin-payments-move-into-boring-b2b-banking/","article_id":"2628204073","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/slash-hits-1-4b-as-stablecoin-payments-move-into-boring-b2b-banking/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2628204073","pubTimestamp":1776434376,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into backoffice banking rails.Enterprise banking platform Slash has raised $100 million in a Series C round led by Ribbit Capital, lifting its valuation to about $1.4 billion and bringing total funding to more than $160 million.The San Franciscobased firm now serves over 5,000 corporate clients with a bundle that includes stablecoin payments, corporate and virtual accounts, expense management and realtime payouts, and says annualized stablecoin volume has already crossed $1 billion less than a year after launch.Slash plans to use the new capital to double down on its “bank account as financial command center” pitch, aiming squarely at the same treasury and payout rails that have drawn players like Ripple, which agreed to acquire stablecoin payments platform Rail for $200 million in 2025.Slash’s latest round underscores a broader trend in which the val","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1861217088.USD":"贝莱德金融科技A2","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","CCUP":"T-REX 2x Long CRCL Daily Target ETF","CRCD":"T-REX 2X Inverse CRCLDaily Target ETF","TMF":"3倍做多20年期以上国债ETF-Direxion","BK4023":"应用软件","DAPP":"VanEck Digital Transformation ETF","CRCL":"Circle Internet Corp.","BITQ":"Bitwise Crypto Industry Innovators ETF","ICRC":"Bitwise CRCL Option Income Strategy ETF","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BITW":"Bitwise 10 Crypto Index ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","XRP":"Bitwise XRP ETF","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","LU0106831901.USD":"贝莱德世界金融基金A2","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","GDLC":"Grayscale CoinDesk Crypto 5 ETF","BKCH":"AdvisorShares Sabretooth ETF","RAMP":"LiveRamp Holdings, Inc.","TLT":"20+年以上美国国债ETF-iShares","CRCA":"Proshares Ultra CRCL","STCE":"Schwab Crypto Thematic ETF","CRCO":"YIELDMAX CRCL OPTION INCOME STRATEGY ETF","LU1861558580.USD":"日兴方舟颠覆性创新基金B","CRCG":"2倍做多CRCL ETF-Leverage Shares","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","DIME":"CoinShares Altcoins ETF"},"translate_title":"随着稳定币支付进入无聊的B2B银行业务，Slash达到$1.4 B","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/85acaf2edee8f7c31182015e55101f9e","symbols_score_info":{"LFGY":0.72,"TMF":0.6,"US30Y.BOND":0.62,"CCUP":0.6,"BITQ":0.72,"US5Y.BOND":0.62,"US2Y.BOND":0.62,"CRCD":0.6,"STCE":0.72,"TLT":0.6,"XRP":1.64,"ICRC":0.6,"CRCO":0.6,"US3Y.BOND":0.62,"BITW":0.72,"US7Y.BOND":0.62,"CRCG":0.6,"CRCL":1.71,"RAMP":1.41,"DAPP":0.83,"TLTW":0.6,"CRCA":0.6,"US10Y.BOND":0.62,"US6M.BOND":0.62,"GDLC":0.72,"US12M.BOND":0.62,"DIME":0.72,"BKCH":0.83},"content_text":"Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into back‑office banking rails.\n\n\nSummary\n\n\n\nEnterprise banking platform Slash has raised $100 million in a Series C round led by Ribbit Capital, lifting its valuation to about $1.4 billion and bringing total funding to more than $160 million.\nThe San Francisco‑based firm now serves over 5,000 corporate clients with a bundle that includes stablecoin payments, corporate and virtual accounts, expense management and real‑time payouts, and says annualized stablecoin volume has already crossed $1 billion less than a year after launch.\nSlash plans to use the new capital to double down on its “bank account as financial command center” pitch, aiming squarely at the same treasury and payout rails that have drawn players like Ripple, which agreed to acquire stablecoin payments platform Rail for $200 million in 2025.\n\n\n\nSlash’s $100M round and stablecoin push\nSlash Financial, a business banking platform built for online‑first companies, has secured $100 million in Series C funding at a roughly $1.4 billion valuation as stablecoin payments quietly become core B2B plumbing rather than a side experiment. The round was led by Ribbit Capital with participation from Khosla Ventures and Goodwater Capital, while existing backers New Enterprise Associates and Y Combinator joined for what Slash said is their fourth investment in the company.\nIn a company blog announcing the deal, Slash CEO Victor Cardenas wrote that the team is “building the world’s most powerful business banking platform,” positioning the product as a “financial command center” that lets companies manage bank accounts, cards, payouts and crypto rails from one dashboard. Slash says it now serves “more than 5,000” corporate clients ranging from startups to larger online merchants, offering features such as multi‑currency accounts, virtual cards, expense management and real‑time local payments.\nStablecoins have become a centerpiece of that stack. Slash disclosed in March that businesses are already moving more than $1 billion in annualized stablecoin volume through the platform, just nine months after it switched on support for USDC and USDT, and set an ambitious goal of reaching $1 trillion in cumulative stablecoin payments before 2030. Its “stablecoin payments” product lets clients send and receive USDC and USDT directly from a Slash business account “with no crypto wallets, no exchange accounts, no need to hold funds in stablecoins,” effectively abstracting blockchain away in favor of a familiar treasury interface.\nBoring rails are where the crypto money is\nSlash’s latest round underscores a broader trend in which the value created by stablecoins migrates into rails for treasury, payouts and cross‑border settlement rather than consumer‑facing DeFi. As a recent crypto.news story on stablecoin infrastructure noted, fintechs increasingly lean on stablecoins to settle transactions faster while leaving end‑users in traditional cash balances, using intermediaries like Transak, Circle or banking partners to bridge the gap.\nThat logic is attracting big acquirers. In 2025, Ripple agreed to buy Toronto‑based stablecoin payments firm Rail for $200 million, arguing that “stablecoin payments are becoming the backbone of cross‑border treasury and merchant settlement” and promising corporate clients “pay‑ins and pay‑outs across key corridors without holding crypto on balance sheet.” More recently, layer‑2 project Morph partnered with custody firm Cobo to “supercharge institutional stablecoin flows” via a Payment Accelerator program, again targeting treasury desks and payroll teams rather than retail traders.\nSlash, which originally launched as a niche vertical banking product before pivoting into broader business banking, now finds itself competing with incumbents like Ramp and Brex as well as crypto‑native payment stacks that embed stablecoins beneath the surface. For investors like Ribbit and Khosla, the $100 million bet is that the dull work of wiring dollars and stablecoins through corporate back offices will capture more durable economics than speculative yield farming — and that platforms quietly pushing billions of dollars in USDC and USDT volume will own the next decade of crypto‑powered payments infrastructure.\nIn additionl, stablecoin payment rails includes an explainer on what infrastructure companies use to add stablecoin payments, a report on Morph’s institutional stablecoin flows with Cobo, and news of Ripple’s acquisition of stablecoin payment platform Rail for $200 million.\n\n\n\n\n\n                Read more:\n            \n\n                NEA explores use of artificial intelligence in nuclear regulation","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}