> ## Documentation Index
> Fetch the complete documentation index at: https://developers.squads.so/llms.txt
> Use this file to discover all available pages before exploring further.

# Open Finance

> Programmable stablecoin accounts with integrated fiat rails

Grid provides stablecoin accounts powered by programmable smart accounts on the blockchain. Each stablecoin account combines blockchain-based smart contract capabilities with integrated fiat rails, enabling developers to build applications that leverage both programmable money and traditional banking infrastructure.

<img src="https://mintcdn.com/squads/-wqI60ACn8pAta1T/images/grid-of-flow.png?fit=max&auto=format&n=-wqI60ACn8pAta1T&q=85&s=61c2b92cffa89d62680f4a4849ed93a7" alt="Grid Open Finance Flow" width={800} height={400} data-path="images/grid-of-flow.png" />

## Core Components

### Stablecoin Accounts

Blockchain-based accounts powered by smart contracts:

* Programmable smart account foundation
* Multi-signature authorization
* Integrated key management
* Fiat on/off ramps

### Smart Account Features

On-chain programmable capabilities:

* Programmable policies
* Time-locked operations
* Administrative controls
* Programmable banking features
  * Direct Debits
  * Standing Orders
  * Card Authorizations

### Fiat Integration

Traditional banking infrastructure integration:

* Virtual account support
* Traditional banking rail payouts and payins
* KYC compliance

## Key Features

### Unified Infrastructure

* Smart contract-powered stablecoin accounts
* Integrated key management
* Programmable policies
* Real-time settlement

### Security

* Squads Protocol foundation
* Advanced key management
* Multi-signature protection

## Integration Patterns

```mermaid theme={null}
graph LR
    A[Customer] --> B[Your App]
    B --> C[Grid API]
    C --> D[Stablecoin Account]
    D --> E[Smart Account]
    D --> F[Virtual Account]
    E --> G[Programmable Policies]
    F --> H[Banking Operations]
```