RocketFuel Expands Mass Payout Capabilities with Fiat

Core Viewpoint - RocketFuel Blockchain Inc. has introduced fiat currency payouts, enabling companies to send payments directly to recipients' local bank accounts in various currencies, enhancing its existing crypto and stablecoin payment functionalities [1][2]. Group 1: New Payment Features - The addition of fiat payouts allows recipients to choose their payment method: crypto, stablecoins, or fiat, which reduces volatility risk and simplifies treasury operations [2]. - This new feature is expected to improve adoption among traditional enterprises and institutions, addressing the complexities of global payments and compliance [2]. Group 2: Strategic Implications - The rollout of fiat payouts is a significant milestone in RocketFuel's strategy to become the preferred settlement provider for merchants in high-growth sectors and international markets [2]. - The company aims to bridge the gap between the crypto economy and traditional finance, accelerating adoption and creating new growth opportunities for businesses worldwide [2]. Group 3: Operational Details - The company offers direct settlement into bank accounts via ACH, SEPA, and local payment rails, providing access to multi-currency payouts in supported regions [3]. - Merchants have control over selecting their preferred settlement currency on a transaction-by-transaction basis, supported by a robust compliance framework that includes integrated KYC and KYB functionalities [3].