Félix Pago
Transact
Remittances
How Félix Reduced US-LATAM Remittance Costs Using Stablecoin Settlement Infrastructure
Félix is a fast-growing remittance platform serving Latin American markets. Cross-border transfers between the U.S. and LATAM remain expensive and slow due to FX markups and multi-hop banking processes. Speed and cost determine competitiveness in these corridors.
OPPORTUNITY
High FX Costs and Settlement Delays
Traditional remittance providers rely on correspondent banks and regional payout intermediaries. FX markups average more than 6%. Funds may take days to arrive. Providers often pre-fund local accounts to maintain liquidity, tying up working capital. Customers expect predictable pricing and near-instant delivery. Félix needed a compliant cross-border settlement rail that reduced intermediaries and improved treasury efficiency.
SOLUTION
Stablecoin-Based Cross-Border Rails
zerohash enabled Félix to route U.S.–LATAM remittances through stablecoin infrastructure with on-chain settlement. Funds move instantly between wallets before local conversion, reducing reliance on correspondent banking chains. zerohash provides regulatory licensing coverage, wallet infrastructure, liquidity management, transaction monitoring, and reporting.
Instant settlement reduces the need for pre-funded local accounts, freeing working capital and improving treasury allocation. Multi-chain support enables flexible routing depending on cost and network conditions. Integrated compliance monitoring ensures regulatory alignment across U.S. corridors.
OUTCOME
Lower Fees and Faster Delivery
Félix reduced remittance pricing to a flat $2.99 compared to industry averages above 6%. Transfers settle significantly faster, improving customer trust and repeat usage. Treasury efficiency improves through instant cross-border movement. Stablecoin rails strengthen Félix’s competitive position across high-volume US-LATAM corridors.
About zerohash
zerohash enables financial platforms to integrate digital assets directly into their core products. Across trading, payments, and tokenization, the company provides regulated infrastructure that supports execution, custody, settlement, and compliance at institutional scale. From consumer fintech apps to global asset managers, zerohash powers embedded crypto experiences across 24/7 markets. Its infrastructure abstracts regulatory and technical complexity, allowing companies to focus on customer experience while operating within a secure, compliant framework.