Hi, if you're seeing this message, congratulations, nothing interesting is happening here.
Just FYI, my interactions in this SN are purely for @blindpay divulgation and sarcasm comments in portuguese;
Congrats to @blindpay on surpassing $100m monthly volume. After launching Named Virtual Accounts, it was obvious this would happen. The team has done an incredible job. Proud of you! 🫡
@0xGusta, @joaocsb, @bebedaselva and @gmlyra
Introducing Named Virtual Accounts
💵 Receive and send payments in USD through ACH, Wire, RTP and SWIFT
🌎 Send funds instantly to local currencies like BRL, MXN, COP and ARS
🏷 Branded experience with your customer’s name on payment descriptors
@blindpay raised $3.3M in a seed round from @ycombinator, @468Capital, @Bitso, @transposevc , Acacia Venture Capital Partners, and angel investors including Jawed Karim (@YouTube cofounder), Raphael Dyxklay, and Caetano Lacerda (co-founder Barte).
Our mission is simple: build a better global payment infrastructure with stablecoins, giving businesses the tools to move money across borders, stay compliant, and open virtual US accounts in minutes, all through one API built for developers.
In 2025 alone we’ve already processed over $125 million in transfers, with $46 million in July alone, and this is just the beginning.
Thank you to everyone who has supported us along the way. We’re incredibly excited to keep building the future of global payments!
Polygon simplifies and scales financial operations for businesses and their clients! [ Real case #1 ]
@0xPolygon ensures fast, cost-effective, and secure transactions. A prime example is @blindpay, a payment infrastructure that leverages an API for global transactions with stablecoins and fiat currencies.
For BlindPay, Polygon is the primary blockchain, handling 98% of its total payment volume due to its speed and low fees.
Polygon enables some of the fastest transactions with stablecoins like USDC and USDT, processing transfers in under 60 seconds.
Since January 2025, BlindPay has processed transactions worth over $160M on Polygon PoS, with payment volumes growing each month. This project also accounts for approximately 45% of the total volume among payment projects in LATAM on Polygon, generating $53M in July alone ( LATAM projects exceeded a volume of $180M in July, with BlindPay playing a significant role. *See analytics below).
Polygon’s fees are among the lowest in the market, significantly reducing costs compared to traditional bank transfers 1.5-6%. BlindPay integrates Polygon with local payment systems ( Pix in Brazil, SPEI in Mexico), enabling instant conversion between stablecoins and fiat.
@blindpay offers a straightforward REST API and SDK, automated KYC/KYB, and transaction monitoring for compliance.
This allows businesses, web3 companies, and freelancers to conduct global payments effortlessly, bypassing intermediaries with minimal costs and maximum efficiency.
For example, when working with Payouts, the transaction process would look like this:
50 USD → 50 USDC on Polygon → 250 BRL via Pix (Brazil), processed within seconds with minimal fees (0.1–0.5% on Polygon).
Summary:
BlindPay, built on Polygon, showcases how blockchain can revolutionize global payments, offering fast, low-cost, and secure transactions.
With over $160M processed since January 2025 and a strong presence in LATAM, BlindPay leverages Polygon’s efficiency to connect stablecoins with local payment systems like Pix and SPEI. It's a powerful solution for businesses and freelancers seeking seamless, borderless payouts.
The LatAm Stablecoin Payments Landscape ⬇️
Here are the wallets, stablecoins, exchanges, on/off ramps, and infra players building across LATAM.
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Latin America is emerging as a global leader in stablecoin adoption, with the highest % of stablecoin volume to GDP of any region worldwide (IMF 2025).
What began as a hedge against inflation has evolved into real financial infrastructure. Stablecoins now power everything from remittances and dollar accounts to remote worker payouts and B2B transactions.
To help make sense of this fast-evolving space, we mapped the wallets, stablecoins, exchanges, on/off ramps, and infra players building across LATAM.
Why?
Because behind every headline is a network of teams doing the hard work — and this map helps surface new partners, vendors, and opportunities.
This is just v1. A deeper country-by-country analysis and v2 of the map are on the way.
Want to learn more? Join us in Mexico City for Stablecoin Conference 2025, Latin America’s first major event dedicated to stablecoins — created by Bitso Business.
🗒️ If we missed a company, let us know in the comments.
You’ll also find a link to the full spreadsheet version there.
Special thanks to @jrossvazquez at @utila_io, who was instrumental in driving this initiative from day one, and the broader @utila_io team (@bentzzi, Josh, Ron, Surya), along with @Bitso (@reidbenj, Ingrid), @minteocom (@Will_Dre_Duran, Sarah), and @blindpay (@bebedaselva) for their support and collaboration.
🔮 Big update of the analytical dashboard “Polygon PoS Payments”
After receiving verification from @Dune, we decided to finalize the analytical dashboard, conduct several researches, analyzes, and searches in search of projects and their addresses. Every day we added more and more data, and now the dashboard has more than 40 payment projects working on @0xPolygon.
Now the Dashboard consists of the following blocks:
- Block 1: Stablecoins active addresses, Stablecoins supply, Stablecoins volume, P2P transactions.
- Block 2: Payments App.
It consists of 4 parts:
1/ The main Payments App dashboard (the leaders in terms of volume are @blindpay, @Nexo and @RobinhoodApp)
2/ Payments infrastructure (the leaders in terms of volume are @blindpay, @Paxos, @Cobo_Global and @CoinflowLabs)
3/ Off/on-ramp projects (the leaders in terms of volume are @moonpay, @Transak and @Paytrie)
4/ Crypto cards (the leaders in terms of volume are @Nexo, @RevolutApp and @Cypher_HQ_)
- Block 3: Other projects
This section contains information about some projects running on Polygon PoS.
We continue to improve this dashboard, updating the data constantly. The last update was received by @Transak and @RampNetwork projects.
Dashboard - https://t.co/vcpuQui4yn
Build on @0xPolygon!
💰The total volume of payment apps on @0xPolygon crossed the $1B mark in 6 months of 2025.
The main providers of the volume were @Nexo, @Bitso, @RevolutApp, @blindpay, @CoinflowLabs and @Paxos.
🏦 The fastest growing payment infrastructure projects are @blindpay and @CoinflowLabs.
💳 The fastest growing crypto card projects are @Cypher_HQ_ and @wirexapp.
💸 The fastest growing off/onramp projects are @moonpay and @Transak.
Check analytical dashboard: https://t.co/vcpuQui4yn
#payments
. @blindpay flipped Nexo, Bitso and Revolut on @0xPolygon 🔥
BlindPay has been the leader among payments projects on Polygon since May. Their monthly volume reached $34.5m in May, more than Bitso and Revolut combined.
Awesome work : @joaocsb, @bebedaselva, @0xGusta, @gmlyra 🤝🏻🔗
It’s officially @thestablecon week, and I’m in NYC! 🗽
If you’re around and want to chat about stablecoins, infra, LATAM <> US flows, or just hang out, hit me up.
Excited for the convos and the energy this week!
BlindPay was mentioned in @ournetwork__ latest report after processing $39M in volume (30x growth since Jan, 95% on @0xPolygon).
Read the full ON–338: Stablecoins Pt. 2 👇
@vchennai2 We were rejected 3 times before getting in; it's not about you is about their vision of you.
We said that it was our last try, and we got in.
Best of luck next time.