Why We Built Versal

Dec 4, 2024

Versal

The Promise of Stablecoin Payments

Stablecoin payments are emerging as a powerful force in cross-border transactions, offering a viable, efficient alternative to traditional financial networks like SWIFT. By providing 24x7, near-instant, and cost-effective transactions available 365 days a year, stablecoin payments eliminate the fees and delays associated with international payments on SWIFT. This innovation holds significant potential to reshape financial infrastructure, making global markets more accessible, and modernizing payment use cases from international settlement to remittances.

Current Challenges

Despite the promise of stablecoin payments, today's blockchain infrastructure lacks true vertical integration. Most current solutions focus on capital markets, leaving the payments vertical largely underserved. To enable stablecoin payments, companies must integrate and piece together products from disparate players handling payments, wallets, exchanges, and compliance.

Versal's Solution

At Versal, we set out to solve this problem. Our platform offers a vertically integrated solution specifically designed for payments. From offering a pricing model that does not charge for each wallet created, to integrating with liquidity providers instead of exchanges that serve the TradeFi/DeFi space, we're addressing both the business and technical challenges unique to payments.

Our Products

Versal Vault, our secure MPC wallet infrastructure, and Versal Payments, our digital asset payments and payout solution, are just the beginning. We're committed to rolling out additional products to offer a complete platform for you to grow your revenue with digital assets. With over a decade of experience architecting financial solutions, Versal is here to modernize payments.

Take the First Step

Take the first step toward modernizing your payment infrastructure. Get started with Versal today and unlock the potential of stablecoin payments for your business.

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