Latin American fintech applications execute cross-border settlements using backend 'stablecoin sandwiches' without exposing end consumers to the underlying cryptocurrency mechanics

Stablecoins

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

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Crypto payments

Using crypto and stablecoins to pay for things, from payment cards and merchant checkout to payroll, remittances and cross-border settlement.

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