Onchain FX provides a stablecoin payments infrastructure that enables businesses to conduct real-time foreign exchange transactions and manage liquidity across multiple currencies. Their platform simplifies cross-border payments by integrating local payment methods and offering high-yield opportunities for local currencies, addressing the complexities of international financial operations.
Funding
Funding not disclosed
+5Founders
Product
Problem
Traditional cross-border payment systems are slow, expensive, and lack transparency due to multiple intermediaries and currency conversions. Businesses face challenges in managing liquidity across different currencies and navigating complex regulatory landscapes, leading to increased operational costs and delayed settlements.
Solution
LINK provides a stablecoin-based payments infrastructure that enables businesses to conduct real-time foreign exchange transactions and manage liquidity across multiple currencies. The platform streamlines global payments by integrating local payment methods and offering access to FX liquidity through stablecoins. LINK's solution allows for faster settlements, reduced transaction fees, and simplified compliance, empowering businesses to expand into new markets and optimize their international financial operations. The platform offers both a business dashboard for direct management of payments and an API for integration into existing systems.
Target Audience
LINK primarily targets businesses, enterprises, and financial institutions that require efficient and cost-effective cross-border payment solutions, including those involved in global payroll, remittances, and international trade.
Features
- Real-time FX swaps and payouts in 441+ currency pairs
- Support for multiple local payment methods, including bank transfers, mobile money wallets, and e-wallets
- Integration with leading blockchain networks such as Stellar, Polygon, Solana, and Base
- Access to on-chain order book liquidity for optimal currency conversion rates
- API for integrating real-time wholesale FX rates into existing platforms
- Multi-currency and stablecoin support
- Compliant with data privacy regulations and MSB-licensed with FINTRAC
- Tools for KYB and AML processes