Tazapay

Airwallex

Global payments and financial infrastructure platform

Airwallex is a global payments and treasury platform offering cross-border payments, multi-currency accounts, and embedded finance APIs. In 2025 it began building a dedicated stablecoin platform team to enable customers to buy, hold, send, and settle tokens worldwide, despite CEO Jack Zhang's public skepticism that stablecoins meaningfully improve G10-currency cross-border flows. It passed toward $1bn annualized revenue in 2025.

Ant International

Global cross-border payments arm of Ant Group (Alipay+ / Whale)

Ant International is the global arm of Ant Group, operating the Alipay+ cross-border wallet network and the Whale blockchain-based treasury platform, which processed over $600bn in global fund flows in 2025 with 95%+ same-day settlement. It is pursuing stablecoin licenses in Singapore and Hong Kong and integrates tokenized deposits from banks including JPMorgan Kinexys, DBS, Standard Chartered, and Deutsche Bank, favoring tokenized deposits over public-chain stablecoins.

Beam (Beam.fi)

Stablecoin payment & money-movement infrastructure

Beam provides stablecoin-native payment and money-movement infrastructure, offering APIs for businesses to send, receive and settle in stablecoins across borders, abstracting wallets, conversion and compliance into a single orchestration layer.

BVNK

Stablecoin payments infrastructure for global businesses

BVNK is a stablecoin payments platform powering cross-border B2B payments, merchant settlements, treasury movements and global payroll. It processed $30B+ in flows in 2025, roughly half from cross-border B2B, and holds US state-wide coverage plus EU authorization with payouts in 130+ countries.

Fipto

Enterprise stablecoin payments infrastructure

Fipto is a European enterprise stablecoin payments company offering B2B cross-border payouts via its 'Stablecoin Sandwich' model, which uses stablecoins as a middle layer for fiat-to-fiat transfers to bypass correspondent banking. It is the first European stablecoin payment player to hold both a Payment Institution license (France) and a full MiCA CASP license, and is a VASP in France and Luxembourg. It partners with Worldline on stablecoin payment rails.

Inswitch

Embedded finance and stablecoin payments for LatAm

Inswitch is an embedded finance and payments infrastructure provider across Latin America and emerging markets, offering stablecoin-enabled cross-border payments, payouts, wallets and on/off-ramps via API.