“Can a self-custodial, stablecoin-native 'operating account' replace a US business bank for globally-distributed startups?”
Altitude is a product of Selimor Investments Limited (dba Squads), the team behind Squads Protocol — the Solana multisig/smart-account standard securing $10B+ in assets. Altitude extends that self-custodial crypto infrastructure into a 'global operating account' for businesses: USD/EUR accounts, local payment rails across LatAm/EU, Visa corporate cards, and QuickBooks-synced accounting, with stablecoin settlement wired in by default. The strategic bet is that borderless, crypto-native businesses — AI startups, agencies, onchain teams — would rather hold USDC in a self-custodied wallet than open a US bank entity.
Altitude discloses Bridge and Due as its banking providers, according to the Embedded Finance Index 2026.
Altitude does not disclose a bank charter of its own; its banking services are provided through Bridge and Due.
Altitude processes payments through Bridge, Due, Infinite, 1Money, Erebor and Stripe. Disclosed money-movement rails: ACH, SWIFT and SEPA.
Altitude uses Bridge and Due for FX and cross-border payouts.
Altitude's crypto products run on Bridge, MoonPay, Tempo, Privy, Turnkey and Squads Protocol (self-custody, in-house).
Altitude integrates with QuickBooks, Xero and DualEntry.
The Embedded Finance Index 2026 maps 9 layers in Altitude's stack: Payments / PSP (Bridge, Due, Infinite, 1Money and 2 others); Money movement (ACH, SWIFT and SEPA); Banking / BaaS (Bridge and Due); Card issuing (Rain); Card network (Visa); FX & payouts (Bridge and Due); Crypto (Bridge, MoonPay, Tempo, Privy and 2 others); Accounting (QuickBooks, Xero and DualEntry); Tax (Vertex).
Get a read on where your own stack stands against Altitude and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.