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dLocal, a cross-border payments platform connecting global merchants to emerging markets, announced the launch of Stablecoin Full at Money20/20 Asia today. The dLocal stablecoin solution enables merchants to collect, convert, and pay out funds using stablecoins across high-growth economies.
The company shared that Stablecoin Full enables global merchants to accept and send payments in stablecoins, fund and settle transactions in digital assets, and optimise their treasury operations across 44+ emerging markets. This is done through a single API.
Marcelo Dutilh, the Product Lead for Stablecoins at dLocal, shared,
Marcelo Dutilh
“Emerging Markets are where the next wave of digital consumers is coming from, but moving money
in and out of these economies is still complex. With Stablecoin Full, we treat stablecoins as just another local payment method inside dLocal’s platform.”
The solution aims to support the alignment of stablecoin flows with relevant local regulations, data requirements, and compliance standards.
dLocal shares that merchants would be able to accept stablecoins directly at checkout, choose how they get settled, in USD or stablecoins, send payouts globally in stablecoins and more via the dLocal stablecoin solution.
Featured image edited by Fintech News Singapore based on image by thanyakij-12 on Freepik