Sling Money, a digital currency payment app by Avian Labs, is approved by the UK Financial Conduct Authority for crypto services. It allows users to transact with stablecoins like Paxos’ USDP and Circle Internet’s EURC, linked to bank accounts for direct fund transfers on the Solana blockchain.

Stablecoin payments gain popularity globally, with companies like BC Card in South Korea enabling foreign users to pay local merchants using stablecoins. Intuit partners with Circle to leverage USDC token for new experiences in refunds, remittances, savings, and payments on platforms like Credit Karma and QuickBooks.

Read more at Yahoo Finance.: Crypto Payments App Sling Money Bags UK FCA License