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Cryptopayments on the UK card: why Sling Money is changing the game in international transfers
The world of digital asset payments is experiencing a pivotal moment. The Sling Money app by Avian Labs has just received an official license from the UK Financial Conduct Authority (FCA), allowing it to provide crypto payment services in the region. This approval comes at a time when stablecoins are becoming not just a trend among investors but a tool for everyday payments for ordinary people.
Expansion across Europe and new opportunities
Avian Labs already had permission to operate under the European regulatory framework Markets in Crypto-Assets (MiCA) from Dutch regulators, but the UK approval means much more — it marks entry into one of the world’s largest financial markets. Sling Money now joins an increasing number of crypto services gaining official status in key jurisdictions.
The app itself allows users to work with USDP stablecoins from Paxos (USDP) and EURC stablecoins from Circle Internet Financial (EURC). The news is that the app is now directly linked to bank accounts, enabling instant withdrawals. Technically, everything runs on the Solana (SOL) blockchain, which today is valued at around $142.95, ensuring fast and low-cost transactions.
Why stablecoin payments are changing the language of transfers
Now, not only startups are trying to change the game in international payments. South Korean company BC Card successfully conducted a pilot: tourists converted stablecoins from their digital wallets into prepaid cards and spent them in regular Korean stores within seconds — without technical glitches or calculation errors.
Even more interesting, Intuit (the company behind Credit Karma, TurboTax, and QuickBooks) announced a multi-year strategic partnership with Circle to implement USDC across its entire platform. According to Intuit, this “will open new ways for refunds, international transfers, savings, and payments that were previously impossible with traditional payment systems.”
What this means for users
Currently, Sling Money is available as a closed beta on the UK map and is also regulated as a Money Services Business in the US. But the trend is clear: stablecoins are no longer something exotic — they are becoming the foundation for a fintech revolution that makes international payments truly simple and accessible.