The Best Crypto-Friendly Business Bank Accounts in the U.S. for 2026

Even if you're not fully convinced about holding cryptocurrency as an investment, there’s no denying that blockchain technology has changed how businesses move money. For companies that regularly send funds overseas or deal with payment delays, crypto can offer a faster, more cost-effective alternative. Many transactions settle in minutes rather than days, often at a fraction of the cost of a wire from a traditional bank.

Still, getting started with crypto can feel overwhelming. Managing a crypto wallet can be technical, and holding digital assets like Bitcoin can expose your business to significant price volatility. In reality, though, businesses don't need to rely on volatile tokens to benefit from blockchain infrastructure. With a crypto banking platform, you can convert cash into stablecoins, hold balances alongside your bank account, and send digital currencies through familiar, bank-like transfers.

A growing number of U.S.-based banks and financial institutions are integrating the blockchain into everyday business banking—and Slash is one of them.¹, ⁴ Our business financial platform allows you to hold, send, and receive USD-pegged stablecoins USDC and USDT for day-to-day transactions. Built-in on- and off-ramps make it easy to convert funds when needed, enabling cross-border transfers that can settle in minutes with fees that are often just a few dollars. Continue reading to learn more.

Crypto banking at a glance

Understanding cryptocurrency and blockchain technology can be a bit confusing. Before we get too technical, let’s cover some of the terms you'll encounter throughout this guide:

Cryptocurrency: A digital asset that exists on a blockchain and can be transferred directly between parties without a traditional bank. Cryptocurrencies use cryptography to secure transactions and record them on a public ledger. Examples include Bitcoin, Ethereum, and stablecoins like USDC.
Fiat currency: Government-issued money that is declared legal tender, such as the U.S. dollar. Fiat currencies are not backed by a physical commodity like gold; instead, their value is supported by the issuing government and central bank.
Blockchain: A decentralized digital ledger that records transactions across a distributed network of computers. Once a transaction is confirmed and added to the blockchain, it becomes extremely difficult to alter. This structure allows payments to be verified and settled without relying on an intermediary like a correspondent bank.
Stablecoin: A type of cryptocurrency that is tied to the value of another asset, usually fiat currency or a store of value like gold. Because they are pegged, stablecoins are generally not exposed to the same volatility as unpegged cryptocurrencies like Bitcoin or Ethereum. The two most widely used USD-pegged stablecoins are USDC (issued by Circle) and USDT (issued by Tether), both of which are available through Slash.
KYC (Know Your Customer): A regulatory compliance process that financial institutions and crypto platforms use to verify the identity of their customers. KYC requirements typically involve submitting government-issued identification and proof of address before opening a business account or using banking services.
Custody services: The secure storage and management of digital assets on behalf of a customer. Some crypto exchanges and fintech platforms offer custody services where they hold your private keys and manage wallets for you, while others require you to self-custody your crypto assets using your own wallet.

One of crypto’s biggest advantages is its ability to reduce the delays and layered fees associated with traditional bank transfers, particularly international payments. When you send money overseas through the traditional banking system, the payment often passes through multiple financial institutions before reaching the recipient. Each intermediary can deduct fees and apply compliance checks, which adds hidden fees and delays.

By contrast, a blockchain transaction follows a more direct path:

Authorization: The sender uses a private cryptographic key to approve the transaction from their wallet.
Broadcast: The signed transaction is broadcast to the blockchain network.
Validation: Independent validators (also called nodes) verify the transaction according to the network's rules.
Recording: Once validated, the transaction is added to the blockchain's distributed ledger.
Settlement: The recipient's wallet balance updates on the network, often within minutes.

In other words, the payment is processed digitally from end-to-end rather than hopping between financial institutions. Platforms like Slash allow businesses to use established blockchain networks without needing to manage private keys or interact directly with crypto exchanges. Slash supports major networks including Ethereum, Solana, Base, Avalanche, and others, giving businesses flexibility in how they send and receive stablecoin payments.

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Why choosing the right crypto banking services matters for businesses

Imagine you run a U.S.-based ecommerce company that accepts payments in USDC and regularly settles using a crypto exchange. Each week, you convert a portion to USD to cover payroll, ad spend, software subscriptions, and inventory. You are not speculating on token prices or using crypto for illegal activity. You are simply using crypto to move money for everyday business needs.

But then, your bank flags repeated transfers to and from a crypto exchange. Most banks operate under strict anti-money laundering (AML) monitoring systems, and crypto-related flows are often categorized as higher risk. An automated review is triggered—your outgoing wires are temporarily paused while the bank requests additional documentation about your counterparties and source of funds. Payroll is due in two days and your ad payments are coming up, but now you’re at a standstill.

Many traditional banks are still cautious about digital asset activity. Even legitimate, documented crypto usage can cause your business to deal with extra scrutiny, lengthy reviews, and account freezes. Banks like JPMorgan have explored institutional blockchain solutions like JPM Coin, but their consumer and small business banking services remain restrictive when it comes to everyday crypto activity. Meanwhile, Evolve Bank has served as a behind-the-scenes banking partner for some crypto platforms, though its direct services to businesses remain limited in scope.

Choosing the right crypto-friendly bank is therefore a risk management decision. You are assessing whether the institution can support compliant digital asset usage with clear policies around crypto counterparties. A “mostly crypto-friendly” bank may allow occasional transfers, with limitations that can still cause bottlenecks. A provider designed to work with crypto activity from the outset, such as Slash, reduces the likelihood that routine blockchain transactions will interrupt payroll, vendors, or customer payments.

Key considerations for choosing a crypto banking service

Choosing a crypto-friendly banking service is not just about whether it offers crypto access. The structure of the product determines how you manage risk, handle payments, and stay compliant as you scale. Before opening an account, pay close attention to the following differences:

Crypto for payments vs. crypto for trading

Relying on exchange-traded cryptocurrencies such as Bitcoin and Ethereum can expose your business to significant price volatility. It’s not uncommon for Bitcoin to swing by double-digit percentages in a single week, which makes it a risky place to park working capital or reserves. Choosing a service that only enables you to hold exchange-traded crypto positions the product more as an investment account, not a practical payment infrastructure tool.

That’s why your business may prefer stablecoins for operational use. Platforms like Slash prioritize stablecoin access so businesses can move money efficiently while keeping balances stable and predictable.

Custody, wallets, and network fees

Using blockchain networks traditionally requires managing several technical components. First, there are private keys, which are secure cryptographic codes that authorize transactions from a wallet. Whoever controls the private key controls the funds, which means losing it can permanently lock you out of your assets.

Second, there are gas fees, which are transaction fees paid to the network’s validators to process and confirm transfers. These fees can fluctuate depending on network congestion and may require users to hold a separate token (such as ETH on Ethereum) just to complete a transaction.

Not every crypto-friendly banking service takes care of this complexity for you. Some platforms still require businesses to manage external wallets, protect private keys, and handle gas fees on their own. Slash simplifies that process. We built our crypto infrastructure in-house so it feels like a standard banking dashboard, while we manage the keys and wallet setup behind the scenes. Instead of juggling tokens or worrying about network fees, you just see a USD balance and a straightforward, low transaction cost.

Regulatory coverage and asset support

Cryptocurrency regulations vary significantly by jurisdiction. Different stablecoin issuers follow different regulatory frameworks, and not all digital assets are equally recognized across global markets. If your business operates internationally, limited asset support can restrict where and how you send funds.

For example, USDT does not currently align with the European Union’s Markets in Crypto-Assets (MiCA) framework in the same way some other issuers do, which can affect its usability in certain European contexts. USDC, by contrast, has structured its compliance efforts to align more closely with regulatory standards like MiCA, making it more broadly usable in regulated markets.

Choosing a crypto banking provider like Slash that supports multiple stablecoins and monitors evolving compliance standards can help ensure your cross-border payments remain efficient, accepted, and aligned with local requirements.

5 crypto-friendly banks and wallet providers for modern businesses

If your business intends to move money using stablecoins or use a crypto payment processor, your financial setup needs to reflect that. Below are several providers that combine banking infrastructure with varying degrees of crypto support, depending on your business’s needs:

Slash

Slash is a business financial platform that treats stablecoin payments as a core feature—not an add-on. It combines FDIC-insured business banking, corporate cards, and built-in USDC/USDT support in a single dashboard. Where other platforms force you to make tradeoffs when pairing crypto infrastructure with your financial stack, Slash unifies everything: payments, invoicing, accounting, AP/AR management, and more.

Stablecoins and banking in one place: Slash lets you send and receive both USDC and USDT alongside traditional payment rails like ACH and wire transfers all from the same account. There's no need to move funds between a bank and a separate exchange to pay a contractor in stablecoins, it handles conversion automatically.
Built for businesses in 130+ countries: Through the Global USD account, companies outside the U.S. can hold dollar-based funds and make stablecoin, ACH, and wire payments without needing a U.S. bank relationship.³ For foreign businesses paying U.S. suppliers, this can eliminate one of the biggest logistical hurdles.
Designed for non-crypto-native teams: Slash doesn't assume you know what a blockchain network is. The interface looks like a banking dashboard, not an exchange. You can set up multi-step approval flows for outgoing transfers, sync with QuickBooks or Xero, and manage everything without touching a crypto wallet directly.

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Revolut

Revolut is a digital banking app with crypto trading built in as one of its many features. Business owners who already use it for everyday banking can buy and sell over 280 cryptocurrencies without leaving the app, including stablecoins like USDC and USDT. It's convenient, but it wasn't designed with business payments in mind.

Fees add up fast: On the free Standard plan, you'll pay 1.49% per trade on low volumes. Plus, a separate fair usage fee kicks in once you've exchanged more than £1,000 in a given month. For a business regularly converting funds to stablecoins to pay overseas contractors, those costs can compound quickly.
Moving crypto off the platform is restricted: Revolut supports buying hundreds of tokens, but only a limited number can actually be withdrawn to an external wallet. Even for supported coins like USDC and USDT, you'll need to verify that your recipient's blockchain network is compatible, since Revolut doesn't support cross-chain transfers.
It's a personal app, not a business payments tool: There's no invoice management, no recurring crypto payment scheduling, no team-level permissions or approval workflows. If you're sending stablecoins to a contractor in another country, you're doing it the same way a consumer would. It works, but nothing about it is tailored to how businesses actually move money.

Bottom line: Revolut's zero-fee conversions are genuinely competitive, and the app makes crypto approachable for business owners who've never used it before. But as a regular payment channel for international suppliers, the fees, withdrawal limits, and lack of business tooling can make it hard to rely on.

PayPal

PayPal is the most recognizable name in online payments, and it's been adding crypto features since 2020. U.S. merchants can now accept over 100 cryptocurrencies at checkout, and businesses can send PayPal's own stablecoin, PYUSD, to freelancers and vendors directly.

Built for receiving, not sending: PayPal's crypto tools are designed for merchants accepting payments, but not for sending them. You can send PYUSD to freelancers, but there's no support for recurring payments, billing agreements, or batch payouts. If your main need is regularly paying international vendors, the tooling isn't there.
U.S. only, with a fee increase coming: Crypto merchant features are restricted to U.S.-based businesses (excluding New York). The current 0.99% transaction fee is promotional and jumps to 1.5% after July 2026, with no long-term pricing certainty.
Everything runs through PayPal's own stablecoin: Payments route through PYUSD before converting to dollars, meaning your suppliers can't receive widely used stablecoins like USDC or USDT directly. Both sides of the transaction depend on PayPal's infrastructure, and crypto balances aren't covered by FDIC or SIPC insurance.

Bottom line: PayPal's brand trust and merchant network make it one of the easier ways to start accepting crypto payments from customers. But for paying overseas contractors with stablecoins, it's more of a receiving tool than a sending one.

Ally Bank

Ally Bank is a U.S. online bank that offers checking, savings, and investment accounts—but no direct crypto trading. You can't buy, sell, or hold any cryptocurrency through Ally. What it does offer is indirect exposure through its investment platform, Ally Invest: crypto trusts that track the price of specific coins, Bitcoin futures ETFs, and stocks of companies that hold crypto. None of these involve actually owning or moving digital assets.

No way to send or receive crypto: Ally doesn't natively support any cryptocurrency transactions; no wallets, no stablecoins, no on-chain transfers. If you want to pay an overseas contractor in USDC or USDT, you'd need to move money out of Ally into a separate exchange, convert it there, and send it yourself.
Indirect exposure isn't useful for payments: Crypto trusts, futures ETFs, and crypto stocks let you speculate on price movements, but they don't give you anything you can actually send to a supplier. You never hold real crypto, so there's nothing to transfer.
Stuck on traditional payment rails: Ally operates entirely on conventional banking infrastructure. That means standard processing times, wire fees for international transfers, and no option to use faster, cheaper blockchain-based payment routes.

Bottom line: Ally is FDIC-insured, has no monthly fees, and likely won't freeze your account for transferring funds to a crypto exchange, which is more than some traditional banks can say. But for business owners who want to actually use crypto to pay suppliers, Ally offers no native tools to do so.

Coinbase

Coinbase is the largest U.S.-based crypto exchange, and it’s been making a push into business payments alongside JP Morgan Chase. Its new Coinbase Business account lets companies buy, sell, and store crypto, send USDC payouts to vendors and contractors globally, create invoices and payment links, and earn rewards on idle USDC balances.

Complex interface and structure: Coinbase Business is mainly geared toward tech startups, DAOs, and companies already operating in the crypto ecosystem. The interface, terminology, and product design assume a level of comfort with crypto wallets, on-chain transactions, and stablecoin mechanics that many business owners may not have. If you're a company exploring stablecoins for the first time, the learning curve can be steep.
Heavily USDC-focused: Coinbase Business is built around USDC, which makes sense given Coinbase's close ties to Circle. But if your suppliers or contractors prefer USDT, which has significantly higher global trading volume and wider adoption in many regions, the platform may be less flexible than alternatives that support both equally.

Bottom line: Coinbase Business has the right building blocks (invoicing, payouts, accounting integrations) but it's built for companies that already speak crypto, not business owners looking for a simple way to pay international suppliers.

How Slash unifies business banking with crypto infrastructure

Slash’s native stablecoin support serves two core purposes. First, it brings stablecoin functionality directly into your existing financial workflow. Your crypto balances live in the same dashboard as your checking accounts, corporate cards, and bank transfers, and every stablecoin transaction appears alongside your other activity for clean recordkeeping and reconciliation. When it’s time to close the books, everything can sync directly with QuickBooks, so crypto does not become a separate accounting project.

Second, Slash enables access to USD value abroad through its Global USD Account. Foreign businesses without a U.S. incorporation or bank relationship can hold and move dollar-denominated funds without setting up and maintaining a traditional U.S. entity. Instead of navigating ongoing bank fees and LLC compliance costs, you can send USD stablecoins globally with low, predictable transaction costs.

Beyond our native crypto infrastructure, Slash also offers:

Slash Visa® Platinum Card: Earn up to 2% cash back on business expenses, set customizable spending controls and limits, and issue unlimited virtual cards for your team members, vendor payments, and subscriptions.
Accounting integrations: Automatically sync transaction data with QuickBooks for simplified reconciliation and reporting. Use Plaid to connect with additional financial tools, or import data from Xero to enhance your accounting workflow.
Diverse payment methods: Support for global ACH settlement, wire transfers to 180+ countries, and real-time payment rails like RTP and FedNow. Pro users pay no additional per-transaction fees.
Working Capital Financing: Access short-term financing with flexible 30-, 60-, or 90-day repayment terms to bridge cash flow gaps when needed.⁵
High-yield treasury accounts: Earn up to 3.83% annualized yield on idle funds with money market investments from BlackRock and Morgan Stanley, all managed directly from your Slash account.⁶

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Frequently asked questions

Which bank account is best for crypto trading?

The best bank account for crypto trading is one that reliably supports transfers to and from regulated exchanges without frequent delays or restrictions. Look for clear policies around digital asset activity and strong ACH and wire capabilities. Traditional banks may restrict crypto purchases, while fintech-forward banking solutions tend to offer more flexibility.

Can U.S. businesses open cryptocurrency-friendly business accounts?

Yes, many U.S. businesses can open crypto-friendly accounts, though policies vary by institution. Some traditional banks allow limited exchange activity, while fintech platforms like Slash are built to support ongoing crypto-related payments. The best crypto-friendly business accounts combine FDIC insurance with native stablecoin support and clear regulatory compliance policies.

What's the difference between a crypto exchange and a crypto-friendly bank?

Crypto exchanges like Coinbase and Binance are platforms primarily built for buying, selling, and trading digital assets. A crypto-friendly bank, on the other hand, offers traditional banking services (like a checking account, debit card, and wire transfers) while also supporting cryptocurrency activity. Some banks offer both, but most businesses benefit from a platform that integrates banking and crypto without requiring separate accounts at multiple financial institutions.

Are business accounts at crypto-friendly banks FDIC insured?

It depends on the provider. Platforms like Slash offer FDIC-insured checking accounts with millions of dollars in coverage, meaning your USD deposits are protected. However, FDIC insurance does not cover digital assets like stablecoins or other cryptocurrencies. It's important to understand which portions of your balance are covered and which are not when evaluating crypto banking providers.