Stablecoins and cross-border payments dominate.

Since Trump took office and initiated a series of cryptocurrency and tariff operations, the crypto market has been in a state of turbulence and decline. However, amidst this backdrop, new projects and discussions worth noting have emerged in the stablecoin and cross-border payment sectors. This article by BlockBeats outlines the latest batch of startups related to the crypto field from the well-known incubator Y Combinator's W25 program, four of which are related to payments or stablecoins, for readers' reference.

Related Reading: "Why did the crypto market evaporate $900 billion while the stablecoin market cap hit an all-time high?"

BlindPay

BlindPay is a stablecoin payment interface that helps businesses facilitate global fund transfers using fiat, stablecoins, and various blockchain networks. BlindPay handles all complex compliance and regulatory requirements, allowing businesses to focus on their core operations.

BlindPay offers fiat payment gateway integration, allowing developers to integrate it into applications with minimal code. Its SDK supports multiple programming languages and frameworks, backed by a developer-friendly REST API and accompanied by publicly available OpenAPI documentation. BlindPay is compatible with multiple blockchains and major stablecoins and can be directly integrated with local payment systems such as Mexico's SPEI, Brazil's Pix, Colombia's PSE, and Argentina's Transfers. The platform provides independent sandbox and production environments, equipped with unique API keys and Webhooks, and supports real-time payment tracking and transaction monitoring.

The founding team includes Bernardo Simonassi, who developed the first stablecoin-based payroll payment platform and was responsible for instant payment solutions at PicPay; Joao Borges, who founded a large blockchain startup in Brazil, contributed to the Nouns DAO ecosystem, and was featured on Forbes' 30 Under 30 list; Gabriel Lyra, who was responsible for financial infrastructure at LendingClub and infrastructure optimization at AWS; and Gustavo Marinho, who focuses on Latin American financial products and was responsible for the loan market and instant payments at PicPay, and founded Dropull.

Infinite

Infinite is a stablecoin payment processing platform that provides businesses with ready-to-use APIs and SDKs, enabling global instant fund transfers at a significantly lower cost than traditional solutions.

Infinite collaborates with startups and mid-sized companies related to global payments, contractor payments, and financial management across various sectors. Its services include payments for the creator economy, helping platforms reduce payment costs and increase payment success rates; global payroll payments, enhancing coverage and optimizing tax compliance; cross-border payments in the logistics industry, speeding up settlements and reducing fees; e-commerce platform payments, providing low-cost payment solutions for global sellers and service providers; new banks and SME banks in emerging markets, supporting stablecoin asset management and global remittances; and the esports and gaming industry, offering instant local withdrawal options.

The founding team includes Nikhil Srinivasan, co-founder and CEO of Infinite, who previously served as the platform product lead at Sardine and Coinbase. Raj Lad, co-founder and CTO of Infinite, who was the payment technology lead at Sardine, overseeing global stablecoin payment and credit risk process products.

Karsa

Karsa is a stablecoin digital bank serving emerging markets, allowing users to deposit funds through local payment methods, purchase USD stablecoins, deposit funds into US bank savings accounts, and spend globally using a Visa card.

For users, the experience is similar to that of a bank—however, at the operational level, Karsa provides liquidity by connecting to a verified network of peer-to-peer stablecoin traders, with user deposits actually paid to these traders.

The founders are Shahryar Hasnani, who previously worked in business development for an Ethereum infrastructure startup, and Dale Wilson, who was responsible for development at a Layer 1 AI blockchain protocol.

PAX Markets

PAX is the world's first crypto trading platform in the capital markets to adopt a single-chip architecture instead of traditional data centers. By reducing the distance between trading servers to the nanometer level, PAX achieves unprecedented trading speed. This technological advantage creates significant value for high-frequency trading clients while benefiting all participants through a zero-fee + cashback mechanism for each transaction.

Currently, the fastest trading platform has a round-trip latency of 30 microseconds, while PAX compresses it to 30 nanoseconds (1000 times faster). The λ API allows participants to submit orders in response to market events, including canceling orders due to price level drops after large trades, and placing market orders based on local or remote market data from events across different assets.

PAX co-founders Pete Stevenson and Benjamin Kilimnik have years of experience in high-frequency trading, covering both crypto and traditional markets.

Axiom

Axiom is a decentralized finance trading platform currently offering meme coins, perpetual contracts, and yield products. According to official data, the platform has achieved a monthly recurring revenue of $10 million and a net profit of $5 million since its launch.

The founding team consists of two members: Henry, who worked on generative AI development for advertising at TikTok, completed his studies in two years, and founded two startups, one of which successfully exited. Preston interned at Doordash and studied EECS at the University of California, Berkeley, where he founded a company that successfully exited during his undergraduate studies.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。