Nexo launches a personal USD account, allowing you to make direct USD bank transfers around the world. SWIFT integration enables secure cross-border transfers with multi-currency management. Nexo plans to add ACH and domestic money transfer services for U.S. customers in the future.
Nexo, a leading digital asset management platform, has announced the launch of personal USD accounts. This is an important step towards simplifying the integration of traditional finance with the growing digital asset space.
This new service will be available to users in over 150 countries and will give you direct access to US dollar bank transfers to and from accounts in your name.
This is part of Nexo's broader strategy to enhance its multi-currency account offering, which already includes USD, EUR and Pound.
Bridging the gap between digital assets and traditional banking
The introduction of personal USD accounts marks a milestone in Nexo's mission to bridge the gap between traditional banking and digital asset management.
By enabling direct banking transactions with usernames, the platform provides enhanced transparency and security, especially for institutional customers and high-net-worth individuals seeking easy-to-use and transparent financial solutions.
Elitsa Taskova, Nexo's chief product officer, said the move brings “independence, transparency and security” to US dollar charges and withdrawals, making bank transfers more accessible for digital asset investors. He emphasized that it will become more familiar.
Key features of Nexo’s personal USD account
One of the key features of Nexo's personal USD account is its integration with SWIFT, a global financial messaging system. This enables secure and efficient cross-border remittances, meeting the needs of businesses and individuals operating in a globalized economy.
Additionally, Nexo's platform enables seamless multi-currency management, allowing users to handle USD, EUR, and GBP accounts in one unified view, simplifying asset tracking and eliminating the need for multiple accounts.
Going forward, Nexo plans to expand its domestic transfer capabilities, including ACH and domestic remittance services, to accommodate customers doing business within the United States. This provides more cost-effective and flexible remittance options, providing a complete banking experience for customers around the world.
With over $7 billion in assets under management and over $320 billion in processing experience, Nexo is redefining the digital asset space by combining advanced technology, security, and customer-centric solutions to empower users around the world. Continuing.