Stablecoin orchestration API. Acquired by Stripe for $1.1B. Volume 4x'd in 2025. Powers Starlink payouts.
Overview
Team size
55
Funding
Acquired by Stripe for $1.1B (Feb 2025); $58M raised pre-acquisition
Volume
$10B+ annualized
Spreads
Up to 1% FX
Target market
Developers, fintechs, platforms
Licenses & Regulatory
| Jurisdiction | Type | Status |
|---|---|---|
| US | OCC | active |
| US | MSB | active |
| US (48 states) | MTL | active |
| EU | MiCA | pending |
Chains & Assets
| Chain | Assets |
|---|---|
| Ethereum | USDCUSDTUSDB |
| Solana | USDCUSDTUSDB |
| Base | USDCUSDB |
| Polygon | USDC |
| Arbitrum | USDC |
| Avalanche | USDC |
| BNB Chain | USDC |
| OP Mainnet | USDC |
Fiat Rails
| Currency | Country | Methods | Direction |
|---|---|---|---|
| USD | Global | SWIFT | both |
| EUR | Global | SWIFT | out |
| GBP | Global | SWIFT | out |
| USD | US | ACHFedwire | both |
| MXN | Mexico | SPEI | both |
| BRL | Brazil | PIX | both |
| COP | Colombia | Bank transfer | both |
| EUR | EU | SEPA | both |
Virtual Accounts
USDACH routing
EURIBAN
GBPSort code
BRLPIX key
MXNCLABE
Features
Card issuance✓
Yield orchestration✓
Stablecoin issuance✓
Cross-chain bridging✓
Embedded wallets✓
QR payments—
Card processing—
Geographic Coverage — 35 countries
Americas4
US, Mexico, Brazil, Colombia
Europe31
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, UK