TransFi is building stablecoin payment rails for a world where money still moves too slowly
The fintech startup is using stablecoins, local payment networks and a single API to make cross-border payments faster and easier for businesses operating across multiple countries.
The global payments industry has spent decades trying to make moving money across borders as easy as sending information across the internet.
TransFi believes stablecoins could finally make that possible.
Founded in 2022, TransFi is building payment infrastructure that allows businesses to collect, convert and settle money across countries using a combination of traditional local payment networks and blockchain-based stablecoin rails.
The company is essentially trying to build a bridge between two financial systems: the traditional banking world of dollars, pesos, euros and local bank accounts, and the emerging digital financial system built around stablecoins such as USDC and USDT.
Why it matters
Cross-border payments remain one of the biggest friction points in global finance.
A business paying an international supplier, an employer paying workers in another country or a fintech sending remittances may have to navigate correspondent banks, foreign-exchange conversions, local payment processors and multiple compliance systems.
Each intermediary can add time, cost and complexity.
TransFi’s thesis is that much of this infrastructure can be consolidated.
Instead of integrating with different providers in every country, businesses can use one TransFi API for collections, payouts, foreign exchange and stablecoin settlement.
The company says its infrastructure reaches more than 70 countries, supports 40+ fiat currencies, 250+ payment methods and 130+ digital assets, and serves more than 2.7 million active end users. Its main website also reports more than 100 active business clients.
How it works
Imagine a U.S. company needs to pay a contractor in Mexico, Colombia or the Philippines.
Under the traditional system, the payment might move through several banks before eventually arriving in the recipient’s local currency.
TransFi can use stablecoins as part of the settlement infrastructure behind that transaction.
The sender doesn’t necessarily need to understand blockchain — and the recipient doesn’t necessarily need to receive cryptocurrency.
Stablecoins can operate as the settlement layer in the middle.
Money can enter through a local payment method, move across borders using digital rails and then exit through another local payment network.
TransFi says its payout infrastructure can pay employees, freelancers, vendors and partners across 70+ countries and 40+ currencies through bank transfers, digital wallets or stablecoins.
The bigger idea: Stablecoins as financial infrastructure
For years, cryptocurrencies were largely associated with investing and speculation.
Stablecoins are creating a different use case.
A stablecoin such as USDC or USDT is designed to maintain a value tied to the U.S. dollar. That makes stablecoins potentially useful as a transportation layer for money rather than simply an investment.
For companies such as TransFi, the important question isn’t whether consumers want to “buy crypto.”
It’s whether businesses can use blockchain infrastructure to move dollars around the world faster and more efficiently than traditional correspondent banking networks.
TransFi says stablecoin settlement can happen in minutes and can reduce the need for companies to pre-fund accounts across every international payment corridor.
WhatsApp could become a payment interface
One of TransFi’s more interesting products is BizPay.
The platform allows businesses to send and collect cross-border payments through WhatsApp and Telegram.
That’s particularly notable for emerging markets and immigrant communities, where WhatsApp is already deeply embedded into everyday communication and business.
Instead of requiring users to learn another complicated banking platform, the payment experience can potentially happen inside an interface they already use.
For small businesses, freelancers and internationally connected entrepreneurs, that could significantly lower the friction associated with cross-border payments.
Who TransFi is targeting
TransFi isn’t positioning itself simply as another consumer money-transfer app.
Its infrastructure targets a much broader part of the financial ecosystem, including:
- Remittance and payroll companies
- Payment service providers and electronic money institutions
- Corporations and enterprises
- Crypto exchanges and wallets
- E-commerce companies
- Foreign-exchange businesses
- Small businesses and freelancers
The company also offers infrastructure for global payroll, supplier payments, multi-currency accounts, digital-asset on- and off-ramps and international collections.
By the numbers
TransFi currently reports:
100+ countries of broader payment coverage
70+ countries accessible through its core API infrastructure
40+ fiat currencies
250+ local payment methods
130+ digital assets
100+ active business clients
2.7 million+ active end users
The company also says it is targeting approximately $5 billion in transaction volume for fiscal year 2026.
Those figures are company-reported and should be viewed as such, particularly the projected transaction volume.
The startup
TransFi was founded in 2022 by payments-industry veterans and incorporated as a Delaware C-Corporation, with its early U.S. office in Tampa, Florida.
The company says it raised a pre-seed round in 2022 that included Quiet Capital and Titan Capital, later acquired a virtual exchange operator license in Lithuania and launched its first commercial product, TransFi Ramp, in 2023.
LinkedIn currently lists the company as privately held, with 11–50 employees and its headquarters in Dubai.
Why Latino businesses should pay attention
This technology could be particularly relevant to Latino entrepreneurs and immigrant families in the United States.
Millions of U.S. households have financial relationships that extend across borders.
A business owner may earn dollars in the United States while paying suppliers in Mexico. A freelancer in Latin America may work for U.S. clients. Families may regularly move money between countries. Companies may employ workers distributed across the U.S. and Latin America.
That makes cross-border financial infrastructure especially important for communities whose economic lives don’t stop at the U.S. border.
Stablecoin infrastructure could eventually make those transactions feel less like “international transfers” and more like ordinary digital payments.
What we’re watching
TransFi’s biggest opportunity may not be convincing consumers to become crypto users.
It may be making crypto invisible.
If stablecoins become infrastructure operating quietly behind payroll, remittances, supplier payments and international commerce, users may not need to know whether blockchain was involved at all.
They will simply know that their money arrived faster and potentially at a lower cost.
That’s the broader fintech race now underway.
Companies including TransFi are betting that the next generation of cross-border financial infrastructure won’t simply improve the old correspondent banking system.
It will increasingly route around it.
The bottom line
TransFi represents a broader shift taking place across fintech: stablecoins are evolving from speculative crypto assets into payment infrastructure.
If the model works at scale, businesses could eventually collect money in one country, convert it into another currency and pay someone thousands of miles away through a single financial platform.
For immigrant entrepreneurs and businesses operating between the United States and Latin America, that’s not an abstract technological improvement.
It’s infrastructure for an economy that is already increasingly borderless.
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