Avici introduces virtual IBAN accounts on Solana for seamless fiat-to-stablecoin conversion, self-custody wallets, and faster global crypto payments for users.Avici introduces virtual IBAN accounts on Solana for seamless fiat-to-stablecoin conversion, self-custody wallets, and faster global crypto payments for users.

Avici Launches Virtual IBAN Accounts on Solana

solana3 main

Avici, a Solana-based decentralized neobank that combines crypto with traditional finance (TradFi), is excited to launch a new account, “Virtual Accounts,” on Solana. The main purpose of this launch is to let users seamlessly convert their fiat payments by offering a personal account number and International Bank Account Number (IBAN). SolanaFloor, a prominent media and analytics platform within the Solana ecosystem, has announced this news through its official social media X account.

Virtual IBAN Accounts Bring Seamless Fiat-to-Stablecoin Conversion on Solana

These new Virtual accounts help users to automatically convert their funds and fiat payments into stablecoins and allow users to control their wallet as a self-custodial wallet.  This launch removes the risk of interacting with third parties for the conversion of cryptocurrencies or fiat payments into stablecoins for usage.

These accounts will be protected by giving every user a different personal account number or IBAN. Basically, the purpose of issuing IBAN is for receiving fiat payments only, which may come from all over the world. These Virtual accounts are powered by MoonPay and guide users with a simple and seamless process step by step, in a video.

Avici Makes Getting Paid in Crypto Simple, Secure, and Fast

In this account, users can also convert their USD or EU directly to the Avici wallet. Only users need to set up their names and deposit from their bank into the Avici wallet and get USDC from it. Because Avici is connected to the user bank account and then user can withdraw from Avici into the user bank account. In this way, users can receive their payments, salaries, and remittances in an easy way.    

This initiative is of great importance in the crypto community as this is one the best struggle from Avici toward securing and reducing the time for users to convert their cryptocurrencies into stablecoins. Moreover, the account number or IBAN plays a vital role in protecting the users’ accounts from any scam or fraudulent access.  

Market Opportunity
Avici Logo
Avici Price(AVICI)
$1.745
$1.745$1.745
-10.96%
USD
Avici (AVICI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

US regulators move toward unified crypto oversight as sec project crypto gains CFTC support

US regulators move toward unified crypto oversight as sec project crypto gains CFTC support

SEC PROJECT CRYPTO signals a shift as US regulators align SEC and CFTC oversight toward clearer rules for digital assets and markets.
Share
The Cryptonomist2026/01/30 19:21
SoFi Stock Jumps as Fintech Tops $1 Billion in Quarterly Revenue for First Time

SoFi Stock Jumps as Fintech Tops $1 Billion in Quarterly Revenue for First Time

TLDR SoFi Technologies reported fourth-quarter revenue of $1.01 billion, up 37% year-over-year, marking the first time quarterly revenue exceeded $1 billion The
Share
Blockonomi2026/01/30 21:23
Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

The post Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Forward Industries, the largest publicly traded Solana treasury company, has filed a $4 billion at-the-market (ATM) equity offering program with the U.S. SEC  to raise more capital for additional SOL accumulation. Forward Strategies Doubles Down On Solana Strategy In a Wednesday press release, Forward Industries revealed that the 4 billion ATM equity offering program will allow the company to issue and sell common stock via Cantor Fitzgerald under a sales agreement dated Sept. 16, 2025. Forward said proceeds will go toward “general corporate purposes,” including the pursuit of its Solana balance sheet and purchases of income-generating assets. The sales of the shares are covered by an automatic shelf registration statement filed with the US Securities and Exchange Commission that is already effective – meaning the shares will be tradable once they’re sold. An automatic shelf registration allows certain publicly listed companies to raise capital with flexibility swiftly.  Kyle Samani, Forward’s chairman, astutely described the ATM offering as “a flexible and efficient mechanism” to raise and deploy capital for the company’s Solana strategy and bolster its balance sheet.  Advertisement &nbsp Though the maximum amount is listed as $4 billion, the firm indicated that sales may or may not occur depending on existing market conditions. “The ATM Program enhances our ability to continue scaling that position, strengthen our balance sheet, and pursue growth initiatives in alignment with our long-term vision,” Samani said. Forward Industries kicked off its Solana treasury strategy on Sept. 8. The Wednesday S-3 form follows Forward’s $1.65 billion private investment in public equity that closed last week, led by crypto heavyweights like Galaxy Digital, Jump Crypto, and Multicoin Capital. The company started deploying that capital this week, announcing it snatched up 6.8 million SOL for approximately $1.58 billion at an average price of $232…
Share
BitcoinEthereumNews2025/09/18 03:42