Transak expands stablecoin services with 5 new US state licenses

Transak has expanded its stablecoin services by obtaining licenses in five US states, enhancing its regulated fiat-to-crypto payment operations. This development is significant as it allows Transak to operate more broadly within the cryptocurrency market, providing users with increased access to stablecoin transactions in a regulated environment. The approval reflects a growing acceptance of cryptocurrency services and could pave the way for further expansion in the industry.