{"id":82034,"date":"2023-07-21T20:32:53","date_gmt":"2023-07-21T17:32:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=82034"},"modified":"2025-09-12T02:39:55","modified_gmt":"2025-09-11T23:39:55","slug":"utopia-labs-launches-usdc-based-b2b-solution","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/utopia-labs-launches-usdc-based-b2b-solution\/","title":{"rendered":"Utopia Labs launches USDC-based B2B solution"},"content":{"rendered":"

The Paradigm-backed firm Utopia Labs launched an Ethereum-based solution that allows companies to “transfer USDC to any US bank account.”<\/p>\n

<\/p>\n

\\\"Utopia-1\\\"
Data: Twitter<\/a>.<\/figcaption><\/figure>\n

This step aims to bridge the gap between crypto and fiat, speeding up and simplifying transactions, removing the need to interact with centralized exchanges.<\/p>\n

The developers say the U.S. banking system has kept crypto firms at arm’s length, and the new solution is meant to address that.<\/p>\n

Now firms that earn, hold, or move funds in digital assets can pay for a range of services using USDC.<\/p>\n

Utopia Labs does not intend to be limited to Circle’s single stablecoin \u2014 the company will add support for other assets as well as various networks.<\/p>\n

Among other things, the platform is integrated with the Safe wallet (formerly Gnosis Safe), allowing token exchanges across more than 100 decentralized exchanges.<\/p>\n

Utopia Labs raised $23 million following a Series A round in 2022. Participants included Paradigm, Circle Ventures and Coinbase Ventures.<\/p>\n

Earlier, Circle released<\/a> the USDC stablecoin on the Arbitrum network.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Paradigm-backed firm Utopia Labs launched an Ethereum-based solution that allows companies to ‘transfer USDC to any US bank account in the United States’.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1790,1229,910],"class_list":["post-82034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-b2b","tag-banks-and-fintech","tag-usdc"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=82034"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82034\/revisions"}],"predecessor-version":[{"id":82035,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82034\/revisions\/82035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=82034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=82034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=82034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}