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Crypto Firm Rhino.fi Targets Stablecoin Spreads With 1:1 Conversion Product

Crypto Firm Rhino.fi Targets Stablecoin Spreads With 1:1 Conversion Product

Rhino.fi, a crypto infrastructure provider, has launched a new feature aimed at standardising how businesses handle USD-pegged stablecoins, as fintech firms seek more predictable settlement across fragmented blockchain networks.

The company said its “Stablecoin 1:1” product allows neobanks and fintech platforms to accept and settle stablecoins such as USDT and USDC at a fixed one-to-one conversion rate, with transparent fees and no hidden spreads, across more than 25 blockchain networks.

While stablecoins are designed to maintain parity with the U.S. dollar, actual transaction outcomes can vary due to conversion spreads and routing inefficiencies across different chains.

Rhino.fi said this creates uncertainty for businesses…

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