Beam and Braid enter into a partnership

On June 14, Beam and Braid announced a partnership to provide stablecoin infrastructure to U.S. community banks and credit unions. Beam provides stablecoin-related infrastructure, while Braid helps small banks modernize their products through APIs, such as real-time payments and new card network capabilities.
Starting with seven banks in the Northeast and Midwest, the initiative will focus on serving banks with assets under $500 million, providing them with innovative sandboxes that unlock faster payments, cross-border transactions, and modern wallet experiences. For banks with assets over $500 million, provide more direct integration and enterprise-grade stablecoin offerings.