CFX Labs

CFX Labs (operating as CFX / MoveUSD) is a U.S.-regulated financial technology company building digital dollar infrastructure for global businesses. Founded around 2021 and headquartered in Chicago, Illinois, CFX Labs operates the only U.S.-based worldwide digital dollar network, enabling payment service providers, fintechs, enterprises, and money service businesses to mint, move, and settle digital assets and real-world currencies at scale.

CFX Labs raised $9.5M in a fundraising round in November 2023 to expand its Solana-based stablecoin and remittance infrastructure globally. The company is a registered Money Services Business (MSB) with FINCEN (MSB #31000284640857) and holds a Nationwide Mortgage Licensing System number (NMLS #2383683), operating in full compliance with federal and state AML and KYC regulations.

Core Products/Services

CFX Labs offers a modular suite of fully integrated money services and financial products:

• MoveUSD (Real World Stablecoins): CFX issues fully-backed USD stablecoins (MoveUSD) on the Solana blockchain, redeemable 1:1 for U.S. dollars. USD custody is held by FDIC Member Banks. Partners can issue wallets and earn up to 4.5% yield on USD balances.
• MoveUSD Developer API Platform: A comprehensive RESTful API suite enabling partners to programmatically access deposits (cash, ACH, wire, SWIFT, cryptocurrency), transfers, withdrawals, swaps, rewards, and virtual accounts. Includes webhook support, integrated KYC/KYB/AML compliance, and sandbox/production environments.
• Smart Wallet Solutions: A no-code, fully customizable white-label wallet that embeds seamlessly into existing mobile apps or websites, enabling cash acceptance, payroll direct deposits, wire and ACH funding, and stablecoin swaps.
• Global Real-Time Payouts: Wholesale access to real-time local payment networks in 220+ markets worldwide, enabling partners to disburse funds internationally.
• Liquid Treasury: An on-chain treasury management product that enables businesses to maximize risk-adjusted returns on stablecoin holdings, with instant conversion from USDC/USDT to CFX-issued stablecoins and T-Bill yield generation.
• CFX Retail Cash Load: Integration with 30,000+ retail locations (Walmart, CVS, Walgreens, 7-Eleven) across the U.S. enabling cash deposits into digital wallets with ~5 minute settlement times.

Key Strengths

• Only U.S.-regulated alternative payment network bridging digital assets and local currencies
• Native Solana blockchain integration for high-speed stablecoin settlement
• Multi-jurisdictional regulatory compliance (FINCEN MSB, state money transmission licenses)
• Developer-first platform with full API access, webhooks, and sandbox environments
• Integrated KYC/KYB/AML compliance built into the platform
• Offices in Chicago, Mexico City, and São Paulo serving North American and Latin American markets

Notable Clients/Projects

Balam is highlighted as a customer spotlight - a remittances platform allowing users to send funds via WhatsApp, offering remittances 80% cheaper and 10X faster across 18+ countries, powered by CFX infrastructure.

Why Choose CFX Labs

CFX Labs provides wholesale direct access to programmable money services, combining traditional banking rails (ACH, wire, SWIFT, cash) with blockchain infrastructure (Solana, USDC, USDT) under a single regulated U.S.-based platform. Businesses can grow revenue and increase profits by embedding CFX's financial products directly into their apps and workflows through a developer-friendly API.