A dollar with a receipt

A stablecoin is a token that is always worth one US dollar. For every token in circulation, the issuer holds one real dollar in cash or short-term US government debt.

USDC, the stablecoin Florin uses, publishes monthly reports from an independent accounting firm that check those reserves match the tokens.

Why businesses use them

Stablecoins move on public networks that run every hour of every day. A payment can reach the other side of the world in seconds and costs a few cents to send.

You keep the stability of the dollar and lose the delays of the old banking rails.

What Florin does for you

You never need to hold a crypto wallet or learn new tools. You fund your Florin account with a normal bank transfer, send a payment, and your recipient gets their local currency. The stablecoin is the road, not the destination.