Mantle, a blockchain ecosystem with more than $ 3 billion in total value, has introduced UR, a neobank designed to integrate traditional banking and decentralized finances (Defi) into one platform. UR offers users a uniform account to manage Fiat and digital assets, making expenses, saving and investing through both systems possible.
UR offers accounts with multiple currencies with Swiss international bank account numbers (IBANs) in EUR, CHF, USD and RMB. These accounts are supported 1: 1 and issued by a Swiss regulated financial institution. Users can issue funds using a MasterCard -paying pass and Fiat and Stablecoins. The Platform also uses aimated deposits and NFT -based identity verification as part of its infrastructure.
With the launch, UR transfers supports through traditional bank rails (Swift, SEPA, SIC) and Blockchain networks (Ethereum, Arbitrum), and offers seamless movement between Fiat and Crypto. Extra blockchain support, including Mantle Network and Base, will be added later.
Future functions planned for rollout in 2025 include yields on inactive balances, fiat-to-crypto conversion, foreign exchange and investment access to mantle-native products such as Mantle Index Four (MI4) and the Meth Protocol. The platform will also introduce credit supported by crypto and other Defi-based financial tools.
The launch of UR is part of Mantle’s wider strategy to offer blockchain infrastructure and consumer-oriented tools in a united ecosystem that supports both traditional finances and Defi.
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