AlfredPay

AlfredPay is a cross-border payments infrastructure provider for Latin America, founded in 2021. It started on the Stellar network using USDC to build remittance corridors between the United States, the Dominican Republic and Haiti, acting both as a Stellar anchor handling fiat-to-digital conversion and as a consumer wallet app, with recipients able to receive into bank accounts or collect cash at physical locations. It targets the fact that Latin American remittances run through correspondent banks and cash networks with slow settlement and opaque pricing, compressing the cross-border leg into an on-chain transfer with local conversion only at both ends.

The model has since shifted toward business infrastructure: a single API integration provides virtual local accounts and real-time settlement in Mexico, Brazil, Colombia, Argentina and other markets without establishing local entities, with the company citing roughly 14 days from integration to going live. Named partners include Fireblocks and the Circle payments network, plus payment and logistics firms Globelink Holding and PayCargo.