ME News, December 17 (UTC+8), due to concerns about customers taking on excessive risks, Lead Bank has reduced its cooperation with some stablecoin payment companies in recent months and has introduced restrictions on acceptable customer source countries and industries. Other industry insiders have stated that due to stricter scrutiny of user identities and sources of funds, transaction settlement times and the time required to open accounts have also been extended. Reports suggest that Lead Bank is currently one of the few banks still willing to process dollar payments for stablecoin users. Most well-known stablecoin payment startups, such as Bridge under Stripe, BVNK, and Brale, rely on Lead Bank to provide services for users wishing to exchange between fiat and cryptocurrency. (Source: ME)