0xInfini’s low‑fee neobank

0xInfini is trying to sell a simple idea with a radical number attached to it. The company says merchants can accept stablecoin payments through its business platform for 0.5% per transaction, with no integration fee, then move that money into bank accounts through an instant crypto-to-fiat off-ramp. On its site, Infini frames the pitch in plain terms: less friction, more revenue, and faster settlement for businesses operating across borders. (infini.money) That 0.5% matters because card payments are expensive in a way most shoppers never see. Stripe’s standard U.S. online card rate is 2.9% plus 30 cents per successful transaction. Visa, for its part, notes that merchants do not directly pay interchange tables as listed, but instead pay a broader merchant discount rate to their financial institution. Infini is not merely undercutting a rival. It is attacking the whole fee stack that sits between a merchant and a sale. (stripe.com) The company is not pitching this as a crypto checkout button for hobbyists. It calls itself a “stablecoin neobank for borderless business,” which is a more ambitious claim. The product page bundles payments, invoicing, treasury management, fiat on- and off-ramps, and AI-assisted payroll and vendor settlement into one system. The AI angle is narrow but practical. Infini says businesses can upload payroll spreadsheets or invoices and let its software parse the details, then send bulk stablecoin payouts in one click. (infini.money) That bundle explains why the low fee is interesting. Stablecoin payments alone are no longer novel. What Infini is really trying to do is turn stablecoins into the plumbing for an operating account. A merchant takes payment in a dollar-pegged token, converts to fiat when needed, pays suppliers, manages treasury, and avoids the delays and cross-border frictions of the banking system. The neobank label is not marketing fluff here. It is the whole business model. (infini.money) The timing also helps. In the United States, the GENIUS Act created a federal framework for payment stablecoins after it was enacted on July 18, 2025, and regulators have already moved into rulemaking. That does not remove the hard parts of compliance, but it does make the category more legible to businesses that would have dismissed stablecoins as regulatory gray goo a year earlier. Infini leans hard into that shift on its site, promising automated KYB and AML controls and service availability in more than 50 countries. (occ.gov) There is a catch, and it is not a small one. Infini spent early 2025 dealing with the aftermath of a roughly $49.5 million exploit. Multiple reports said the attacker was likely a former developer or someone tied to the original contract work who retained privileged access, then drained USDC, swapped it into DAI, and bought 17,696 ETH. Founder Christian Li said users would be made whole and acknowledged negligence in the transfer of authority. For a company now advertising “third-party audited” systems and security as a selling point, that history is part of the product whether it likes it or not. (cryptonews.com) That is why the 0.5% figure cuts both ways. It is cheap enough to get a merchant’s attention. It is also cheap enough to raise the obvious question of what subsidizes the price. Infini’s answer appears to be the rest of the stack: treasury products that advertise a 5.97% real-time APY, cross-selling into payroll and invoicing, and the general logic of stablecoin finance, where yield and float can replace part of the revenue that card processors pull from transaction fees. The company is not just lowering a price. It is betting that stablecoin economics can support a bank-like relationship at software speed. (infini.money) For now, the most concrete thing Infini has is its own storefront. The homepage says the service is available in 50-plus countries, the checkout costs 0.5% per transaction, and the AI engine can read a spreadsheet full of payees so a business can push out stablecoin payroll in bulk. (infini.money)