Case Study: Stablecoin On/Off Ramps for Emerging Market FinTechs
The Problem
Limited Access to Crypto-Fiat Conversion
Many fintech platforms in emerging markets struggle to offer crypto-fiat conversion due to banking restrictions. Users who receive payments in stablecoins often lack seamless ways to convert them into their local currency.
The Solution
Blockradar’s On/Off Ramp Infrastructure
Blockradar integrates with fintech platforms to enable business to offer seamless conversion between fiat and stablecoins, empowering users to access digital assets while maintaining liquidity in local currencies.
How It Works
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On Ramps: Our customers users can fund their wallets with fiat and receive stablecoins in return.
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Off Ramps: Our customers users can convert stablecoins into their local currency and withdraw to bank accounts or mobile money.
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Multi-Chain Compatibility: Supports USDC, USDT, and other stablecoins across multiple blockchains.
Real-World Use Case: Shiga’s Fiat-to-Stablecoin Offering
Shiga provides users with the ability to swap fiat (GBP, EUR, and more) directly into stablecoins using dedicated virtual accounts. Through Blockradar’s infrastructure, funds are instantly converted and settled, enabling seamless transactions without P2P trading risks.
The Result
- Simplified access to digital assets without exchange logins without expensive P2P fees.
- Reduced transaction for fintech platforms.
- Greater financial inclusion by bridging stablecoins with traditional banking.
Simplify and expedite international business transactions with stablecoins, reducing fees and settlement times compared to traditional banking systems.
Enable fast, low-cost money transfers for individuals across borders with stablecoins, ensuring reliable value delivery without cryptocurrency or FX risks.
Empower customers with multicurrency accounts using stablecoins, enabling instant, low-cost transactions across borders without the need for traditional currency conversion.
Access USD-backed interest-bearing accounts via stablecoins as an alternative to traditional savings, offering higher yields and global availability.
