Worldwide Stablecoin Payment Infrastructure Introduced by Transfi, Boosting Real-Life Usage
In the rapidly evolving world of digital currencies, TransFi, a leading global payments infrastructure company, is at the forefront of driving widespread adoption of stablecoin-based cross-border payments. With operations in over 100 countries and supporting more than 250 local payment methods and 40 currencies, TransFi is making strides in enabling seamless transactions using both fiat and digital currencies.
The growing demand for stable digital currencies, projected to amount to $25.4 billion in annual premium payments by 2027, is being met by TransFi's innovative solutions. Their AI-powered smart routing engine optimizes the payment experience by identifying the fastest and most cost-efficient rails across both fiat and stablecoin networks, significantly cutting settlement times from days to seconds. This innovation unlocks an estimated $2.9 billion in annual efficiency gains by removing bottlenecks in traditional slow settlement systems worth $11.6 billion.
TransFi's platform is designed to power real-world adoption of stablecoins, supporting a wide range of use cases, including remittances, payroll, digital banking, Web3, and iGaming. The company's key services include BizPay, Wallet, Ramp, Single API & Widget, and Payouts & Collections.
In inflation-affected economies, such as Argentina, the need for stablecoins is particularly strong. Over 61% of Argentina’s population uses cryptocurrencies, and businesses rely on TransFi's payment rails to enable fast, low-cost international settlements and multi-currency transactions without typical banking delays. This supports freelancers, exporters, and e-commerce companies dealing with volatile local currencies.
TransFi's mobile and local payment gateway integrations also help businesses easily access diverse markets. For example, enabling payments via local mobile wallets in Madagascar, where mobile payments outpace traditional banking, increases conversion and customer confidence.
TransFi's solutions prioritize speed, security, and compliance, turning stablecoins into practical tools for businesses and consumers worldwide. The company's enterprise-ready, regulation-compliant platform includes built-in KYC and AML processes, ensuring a secure and compliant payment environment.
As TransFi continues to expand its global stablecoin payment infrastructure, it is poised to further optimize cross-border transactions, particularly in emerging markets with high demand for stable digital currencies. The reported acceleration in market demand, user willingness to pay premiums on stablecoins, and significant efficiency potential indicate a robust growth trajectory for TransFi-enabled cross-border stablecoin payments through at least the next several years.
Sources:
- TransFi Whitepaper, 2022
- Centre for Economics and Business Research (Cebr) Study, 2022
- TransFi Case Study: Argentina, 2022
- TransFi Case Study: Madagascar, 2022
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The use of TransFi's solutions in inflation-affected economies, such as Argentina, extends beyond traditional cross-border payments and includes supporting digital banking and iGaming, thereby catering to a broader spectrum of users relying on stablecoins (ARG, gaming, digital banking, iGaming).
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