
1. Technology overview
VelaFi is a stablecoin-powered payments and treasury platform operating in Latin America, the US, Hong Kong and Singapore. Per Dallas Innovates it launched in July 2025 out of metro Dallas and Mexico City as a rebrand of TruBit Business, part of Galactic Holdings; fintech.global gives a 2020 founding.
The platform connects local banking rails, global transfer networks and stablecoin protocols through a dashboard and REST APIs with webhooks and sandbox. Modules include on/off ramps, pay-in and pay-out, global payments and treasury management. Use cases listed are import/export, logistics, fintechs and PSPs, and cross-border e-commerce.
2. Highlighted features & specifications
- On/Off Ramps: convert USDT and USDC to local fiat and back.
- Pay In and Pay Out: collections and payouts through local rails.
- Global Payments: cross-border stablecoin payments.
- Global Treasury Management: multi-currency treasury in one dashboard.
- Developer API: REST APIs, webhooks and sandbox.
3. Potential application
Vietnamese exporters can receive overseas payments in stablecoins and convert to fiat. Logistics firms can pay foreign partners faster. Payment companies can embed VelaFi APIs for cross-border payouts.
4. Benefits
The site claims 80% lower payment costs, average settlement under 2 seconds and 99.9% uptime. ISO 27001 and SOC 2 Type II are shown. APIs, sandbox and a unified dashboard cover payments and treasury in one place.
5. Market trends & opportunities
Stablecoin settlement is gaining use for trade and cross-border B2B payments where bank wires are slow and costly. Vietnamese exporters, logistics firms and fintechs with Asian corridors are potential users of such rails.
6. Other information
Series B of 20 million USD led by XVC and Ikuyo with Alibaba Investment, Planetree and BAI Capital; total over 40 million USD. Parent Galactic Holdings; CEO Maggie Wu. Over 500 institutional clients (Dallas Innovates). Integrates with Circle Payment Network.
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