Fluent, Inc
Fluent is a bank-led stablecoin utilizing federated custody across multiple institutions to ensure maximum stability and transparency in digital transactions. It addresses the volatility of traditional cryptocurrencies by providing a secure and reliable medium for fast and easy transfers.
- Blockchain & Cryptocurrency
- Financial Technology
- Web3 & NFTs
Funding
Raised to date
$8MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The volatility of traditional cryptocurrencies hinders their widespread adoption for everyday transactions. Existing stablecoins often lack transparency and rely on centralized custody, raising concerns about security and trust.
Solution
Fluent aims to provide a secure and reliable medium for digital transactions by offering a bank-led stablecoin. This stablecoin utilizes federated custody across multiple institutions, enhancing stability and transparency. The platform facilitates fast and easy transfers, addressing the limitations of more volatile cryptocurrencies.
Target Audience
Fluent targets individuals and businesses seeking a stable and secure digital currency for everyday transactions.
Features
- Bank-led stablecoin for enhanced stability
- Federated custody across multiple institutions for increased security
- Fast and easy digital transfers
- Transparent transaction processes