The full stablecoin infrastructure for Emerging Markets
One API to connect, move, and manage payments across high-growth markets — compliance built in, complexity taken out.
Start moving money instantly
Stablecoins make money move
faster.
Local infrastructure is where complexity comes in.
They flow across Emerging Markets every day — paying, collecting, and managing funds.
The challenge? Making them work across local rails, compliantly and at scale.
Opportunity
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85% of the global population lives in Emerging Markets Source: Financial Times
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65% of global economic growth will come from Emerging Markets by 2035 Source: S&P Global
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74% of total online purchases in Latin America are cross-border
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2x middle-class population in EMs will double from 354M to 687M Source: Oxford Economics
Complexity
Multiple
currencies and local payment methods
Fragmented
liquidity across countries
FX
volatility and limited access
Different
regulatory and settlement realities
We've spent years building that bridge
— across rails,
regulations, and markets.
Stablecoin Full
The complete stablecoin infrastructure built for Emerging Markets.
1000+ local payment methods across 44+ markets, taking digital value further.
Fast and borderless
Stable value
Fully compliant
Full reporting through dLocal’s
dashboard
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Treasury & FX
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Funding
Fund in stablecoins and send near-instant payouts in local currency across your markets.
- Transparent, competitive costs
- Real-time, 24/7 liquidity
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Settlement
Collect in local currencies across EMs and settle in stablecoins.
- Consolidated settlements across markets
- Faster treasury operations
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Crypto <> Local rails
Bridge digital and local currencies instantly, with full compliance.
For end users, it feels like any other payment method. For merchants, it's one API.
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On-ramp
Convert local fiat into digital currency via local rails, instantly.
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Off-ramp
Convert stablecoins into local currency and pay out locally.
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Checkout & transfer
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Stablecoin checkout
Add digital currency as a payment method, without having to hold or handle, with an experience users already know.
- No chargebacks
- Settlement in USD or stablecoins
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Stablecoin payouts
Disburse funds globally in stablecoins, 24/7, with near-instant settlement.
- Transparent rates
- Travel Rule compliance built in
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Compliant by design and trusted across markets
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Operates through licensed and regulated partners and local rails, where applicable, and in line with local regulatory frameworks
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Full audit trail and transaction reporting available via dLocal's dashboard
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Fiat liquidity access — not purely on-chain exposure
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No custody risk, no wallet management, no on-chain complexity for merchants
Real flows. Real markets.
Real impact.
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Wallets, crypto exchanges, liquidity providers & market makers
Access regulated local rails and fiat liquidity across EMs.
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Global marketplaces & platforms
Settle cross-border sales faster, reduce FX exposure and reach buyers who pay in stablecoins.
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Fintechs & neobanks
Power on/off-ramp flows for users without building crypto infrastructure.
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Ecommerce, SaaS & media
Accept stablecoin payins from users who already hold stablecoins. No chargebacks.
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Remittances & cross-border services
Move funds across EM corridors faster and cheaper, with local rail delivery.
The emerging market advantage — now with stablecoin rails
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1 API5 core products
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760+Merchants
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1000+Payment methods
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44+Markets
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Faster money movement
Real-time stablecoin-to-local-rail flows
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One integration
One API, multiple markets and currencies
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Built for where it matters
Payments, treasury, remittances — where stablecoin adoption is already happening
No other provider combines stablecoin infrastructure, deep local rails and on-the-ground expertise across these high growth economies.
How dLocal compares
| Capability | Stablecoin Full | Global processors | Crypto-native PSPs |
|---|---|---|---|
| EM market coverage | Stablecoin Full Multiple markets, deep local expertise | Global processors Limited EM focus | Crypto-Native PSP Weak local presence |
| Unified platform | Stablecoin Full One API for all payment types | Global processors Separate crypto integration | Crypto-native PSPs Crypto-only solutions |
| Local compliance | Stablecoin Full Built-in regulatory frameworks per market | Global processors Inconsistent EM compliance | Crypto-native PSPs Limited regulatory depth |
| Fiat integration | Stablecoin Full Seamless local currency rails | Global processors Basic crypto-fiat conversion | Crypto-native PSPs Minimal fiat connectivity |
| Treasury management | Stablecoin Full Centralised multi-currency liquidity | Global processors Limited treasury features | Crypto-native PSPs Limited treasury features |
The companies already moving on the Stablecoin rails
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"Speed and predictability change the user experience in emerging-market corridors; that's why sending money should feel as simple as sending a message. USDC lets us fund transfers instantly, and through our partnership with dLocal, recipients get local funds in minutes, expanding faster, more transparent cross-border payments across Latin America."
Claudia Garavini - VP Strategy & Business Development, Félix
Claudia Garavini -
"With Layer1, we're building a programmable payments network that connects stablecoins with trusted local payout rails. By integrating leading providers like dLocal, we're unlocking seamless, compliant value transfer into some of the most complex markets in the world."
Chris Harmse - Co-Founder, BVNK
Chris Harmse -
"A key driver in the development of Circle Payments Network was creating a new layer for payments to reach emerging markets in a fast and cost-effective way. dLocal's payout offerings throughout emerging markets are crucial to delivering on this promise and creating a more open, digital financial system."
Kash Razzaghi - Chief Business Officer, Circle
Kash Razzaghi -
"Stablecoin adoption is accelerating everywhere, but the real test is making it work in emerging markets, where the frameworks are in constant construction. With dLocal joining the Fireblocks Network for Payments, we're combining their deep local expertise with the scale, security, and reliability of Fireblocks' institutional infrastructure. Together, we're enabling global businesses to bridge fiat and stablecoins with confidence."
Michael Shaulov - CEO & Co-Founder, Fireblocks
Michael Shaulov -
"Traditional cross-border payments were not built for modern businesses. By partnering with dLocal, we're combining stablecoin rails with best-in-class local payment infrastructure to give businesses faster, cheaper, and more predictable global settlement. This is how international payments should work in 2026."
Tanner Tadeo - CEO and Co-Founder of Stable Sea
Tanner Tadeo
Frequently asked questions
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Do I need to manage my own wallets or crypto infrastructure?
For payins and payouts:
Merchants can choose to interact with stablecoins or not. They can fund payouts in either stablecoins or traditional fiat currencies, and choose to receive collections in stablecoins or fiat depending on their preferred setup.
dLocal supports different funding and settlement configurations, so merchants do not need to manage their own crypto infrastructure unless they choose to.
For funding/settlement and on/off-ramp:
A stablecoin wallet that is compatible with the networks we support is required to move between digital assets and local currency.
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Which stablecoins and networks do you support?
USDT: Binance Smart Chain (BEP20), Ethereum (ERC20), Polygon, Tron (TRC20) USDC: Arbitrum, Base, Binance Smart Chain (BEP20), Ethereum (ERC20), Polygon, Solana
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How do you handle regulatory compliance — Travel Rule, KYC, AML?
Travel Rule controls are integrated into our stablecoin products wherever they apply, and dLocal facilitates the required data exchange through its licensed and regulated partners so merchants don’t have to build this infrastructure themselves.
Stablecoin flows run through licensed and regulated partners and, where applicable, local rails in our supported markets, in line with local regulatory requirements. Specific regulatory obligations for merchants may vary by jurisdiction and use case.
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Can I choose how I receive settlement — stablecoins, USD or local fiat?
Merchants have full flexibility. Settlement can be received in fiat or stablecoins depending on setup and module.
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What does 'one API' mean in practice?
One integration into dLocal's existing platform gives merchants access to all stablecoin modules — payins, payouts, on/off-ramps and treasury — alongside 900+ local payment methods, across Emerging Markets. No separate providers, no separate compliance frameworks.
Ready to move value with stablecoins?
Schedule a meeting to explore dLocal's complete Stablecoin Infrastructure for Emerging Markets.
The stability of fiat. The speed of crypto. The reliability of dLocal.
Schedule a meeting with our team