OpenFX: Real-Time Stablecoin FX & On/Off-Ramp Infrastructure
OpenFX provides institutional B2B clients with a stablecoin-powered cross-border FX platform that converts fiat currencies to stablecoins and back — acting as a fully automated, compliant on/off-ramp layer for global payment corridors. The platform handles fiat-to-stablecoin and stablecoin-to-fiat conversion invisibly, delivering the speed and cost advantages of blockchain rails without exposing clients or their end users to digital asset complexity.
How the On/Off-Ramp Works
When a client initiates a cross-border FX transaction, OpenFX converts the source fiat currency into USDC or USDT on-chain, routes settlement through blockchain rails to the destination corridor, and automatically converts back to the target fiat currency — all within minutes. Clients interact only with fiat; the stablecoin conversion and on-chain mechanics are handled entirely by OpenFX.
Key Platform Features
- Stablecoin Rails: USDC and USDT used as settlement intermediaries; automatic fiat-to-stablecoin on-ramp and stablecoin-to-fiat off-ramp
- Speed: 90% of transactions settle in under 60 minutes; 30% settle in under 10 minutes — versus 2–7 days via SWIFT
- Cost: Sub-10 basis point FX spreads, claimed 90% cheaper than traditional correspondent banking
- Coverage: 15+ G20 FX currency pairs across ~40 countries including USD, EUR, MXN, BRL, COP, ARS
- No Pre-Funding: Eliminates pre-funded nostro/vostro accounts, freeing trapped capital
- 24/7/365 Operation: No banking cutoff windows
- Volume: Approximately $10 billion in annualized cross-border payment volume
API-Based Integration
OpenFX offers a programmatic FX API enabling institutional clients to embed real-time fiat/stablecoin conversion directly into their own platforms:
- Programmatic trade execution at any time via API calls
- Live FX rate access with sub-10 bps spreads
- Automated stablecoin settlement routing (USDC/USDT)
- 15+ G20 FX pairs with instant settlement confirmation
- Supports remittance platforms, neobanks, global payroll systems, brokerages, and payment service providers
Target Use Cases
B2B institutional clients including remittance companies, neobanks, payment processors, digital brokerages, investment platforms, and global payroll companies requiring scalable fiat on/off-ramp infrastructure with institutional compliance standards.
