The Next Bridge.xyz? BlindPay's CEO Wants to Revolutionize Global Payments
Bernardo Moura, CEO of BlindPay, aims to disrupt SWIFT’s dominance in international payments, focusing on Latin America as a key market. Unlike Bridge.xyz, which targets enterprises, BlindPay adopts a collective approach to cater to small and medium-sized businesses through a transaction-fee model. This aligns with the trend of increasing stablecoin adoption for payments, noted to be the cost-effective option. Since launching in July 2024, BlindPay has onboarded 19 clients across diverse sectors, rapidly increasing its monthly transaction volumes. Moura emphasizes seamless developer experience, leveraging his tech background to replicate user-friendly services from leading platforms. With an annual cross-border payment market of approximately $33 trillion and rising stablecoin usage, BlindPay sees significant growth potential. Plans include expanding services to include banking features and card issuances powered by stablecoins. Their extensive fintech experience among founders gives them an edge in merging traditional finance with cryptocurrency solutions, positioning BlindPay to capitalize on emerging markets as the stablecoin landscape evolves.
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