Trace Finance Stablecoin Infrastructure

Trace Finance is a Brazilian regulated virtual-asset service provider (CNPJ 53.462.069/0001-01) that offers stablecoin infrastructure for institutions. The pages reviewed do not state a founding year. It addresses the difficulty of moving money across borders, where, in the CEO's words, stablecoins alone do not solve cross-border payments without local rails, FX and compliance.

The platform combines digital asset custody for USDC and USDT, a liquidity provider quoting stablecoins against BRL, and a BRL on/off ramp via PIX. It exposes a REST API with webhooks and KYB onboarding, and targets OTC desks, crypto exchanges and payment service providers. Reported volume exceeds $10 billion in cross-border payments to date.

• Digital asset custody: holds USDC and USDT for businesses with segregated client assets.
• Liquidity provider: buys and sells USDC and USDT against BRL with a firm quote.
• On/off ramp: converts BRL to stablecoins and back via PIX.
• REST API: webhooks for status updates, documentation shared after onboarding.
• Dashboard: custody balances and on/off ramp history.
• KYB onboarding with compliance review.

A Vietnamese payment service provider settling cross-border flows with Brazilian counterparties through USDC. An exchange or OTC desk needing a regulated stablecoin liquidity provider. A remittance platform converting local currency to stablecoins for payouts.

Gives payment companies and exchanges a regulated counterparty with firm quotes before each trade. Client assets in custody are kept separate from the company's own. Combines local rails, FX, compliance and stablecoin settlement in one provider. REST API with webhooks supports integration.

Stablecoin settlement is moving from crypto trading into institutional cross-border payments. The 2026 round funds regulatory expansion into APAC, so payment providers and exchanges in Vietnam and Southeast Asia may find similar compliant on/off ramp and liquidity partners as stablecoin frameworks develop.

Series A of $32M announced 18 June 2026 led by CoinFund with Coinbase Ventures, Haun Ventures, Jump Crypto, Valor Capital, Paxos, Chainlink Labs and others. Serves the top four payment providers in Latin America including dLocal, per the funding article.