Utopia, a crypto payment and asset management service provider, tweeted that it provides USDC bank transfer services for enterprises. Entities in all countries can send USDC to any US bank account, but companies in Cuba, North Korea, Iran, Syria, Belarus and Russia are not supported. In the roadmap, Utopia plans to support withdrawals of any token, expand to more blockchain networks, and support deposit solutions.
Utopia completed a $23 million Series A financing round in 2022, led by Paradigm.
