Cyclops Stablecoin Platform for Payments

Organization
Cyclops · United States
Solution Type
Platform
Collaboration
Business Collaboration (Joint Venture), Licensing

1. Technology overview

Cyclops is an all-in-one crypto and stablecoin platform built for payments companies, operated by Cyclops USA, Inc. (NMLS ID 2829552). The pages reviewed state neither a founding year nor a headquarters address; the team says it spent over a decade building stablecoin and payments infrastructure, including the earlier platform The Giving Block. It addresses payment companies that want stablecoin capabilities without building licences and rails themselves.

The platform is accessed through one API and has five parts: 24/7 stablecoin settlement, payins, global B2B and B2C payouts, treasury for converting and storing funds, and custom orchestration and on/off-ramp solutions. It states 100+ licences across integrated partners, reach across 150+ countries and 400+ supported assets, and it joined the Mastercard Crypto Program.

2. Highlighted features & specifications

  • Settlement: 24/7 stablecoin settlement for payment platforms.
  • Payins: accept funds across rails and assets, including crypto payments for merchants via PSPs.
  • Payouts: global B2B and B2C payouts in stablecoin or fiat.
  • Treasury: convert, store and manage crypto, stablecoins and fiat.
  • Custom solutions: orchestration and on/off-ramp APIs for building products.
  • Mastercard Crypto Program membership and x402 Foundation participation.

3. Potential application

A Vietnamese PSP adding stablecoin settlement for cross-border merchant payments. A remittance or payroll platform paying contractors abroad in stablecoin or fiat. A wallet provider managing treasury across currencies through one API.

4. Benefits

One API gives payment companies stablecoin settlement, payins, payouts and treasury without separate integrations. Settlement runs 24/7. Access to 100+ licences held across partners reduces the licensing burden. The company reports volume growing 350% month over month.

6. Other information

Series A of $20M announced 15 July 2026 led by Nava Ventures with Coinbase Ventures, Castle Island Ventures, Circle Ventures, GPT Ventures and Lasagna Ventures; F-Prime Capital and OpenFX also thanked. Joined the Mastercard Crypto Program.

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