Column Launches Bank-Native Stablecoin Infrastructure

Column, founded by William Hockey, co-founder of Plaid, has launched bank-native stablecoin infrastructure. According to Odaily, the system integrates USDC and USDT into bank core systems, placing stablecoin addresses and bank accounts on the same ledger and enabling 24/7 instant conversion between stablecoins and U.S. dollars. It also connects to ACH, Fedwire, FedNow, RTP, and SWIFT payment networks. Plaid is a major U.S. provider of bank account connectivity and financial data APIs, serving thousands of financial applications.