Use cases
Settle’s partners come from several industries
Digital Assets and Crypto
Settle works with some of the most important digital asset exchanges, issuers, and wallets to operate with domestic banking and payment rails seamlessly.
Remittances
Settle collaborates with partners in the remittance industry that leverage Settle’s WalletOS to deploy consumer-friendly apps. Using Settle’s services, our partners are able to deploy apps that are locally compliant, secure, and provide a seamless experience.
Digital Goods and Content
Settle works with partners that sell digital goods globally and that require local methods of payments to reach their local audience.
Payments
Settle partners that sell digital goods globally.
Use cases
Settle’s partners come from several industries
Digital Assets and Crypto
Settle works with some of the most important digital asset exchanges, issuers, and wallets to operate with domestic banking and payment rails seamlessly.
Remittances
Settle collaborates with partners in the remittance industry that leverage Settle’s WalletOS to deploy consumer-friendly apps. Using Settle’s services, our partners are able to deploy apps that are locally compliant, secure, and provide a seamless experience.
Digital Goods and Content
Settle works with partners that sell digital goods globally and that require local methods of payments to reach their local audience.
Payments
Settle partners that sell digital goods globally
Use case: Binance
Binance launches its first fiat exchange in Latin America using Settle Network-
+ xRamp
+ xRelay
+ xPanel
Binance, the largest digital asset exchange in the world, launched a new partnership with Settle Network using their new product, xRamp, to be able to operate with domestic fiat currencies.
Binance takes compliance and fiat interoperability very seriously and wanted to be able to operate with domestic currencies in LatAm. To be able to do it in an efficient and cost saving way, Settle Network through xRamp provided local infrastructure and interoperability services with Brazilian Reais and Argentine Pesos, accepting bank transfers from every local bank.
# How Settle and Binance are working together
LatAm is a huge market with more than 600 million people. Being able to work with Settle Network in a fast and efficient way was really important for Binance, as the partnership allowed them to secure first mover advantage in such an important region.
“Working with Settle Network allows us to instantly bridge the gap between fiat and crypto for Latin American traders.”
Changpeng Zhao, CEO of Binance
# Compliance-Ready
XRamp provides internal and local regulatory compliance processes in every country, adjusting the infrastructure and its back-end to be able to work in full compliance with local laws and regulations, providing a seamless experience to the user and to partners’ crypto platforms.
XRamp provides embedded KYC and compliance services. It also includes customer identification, transaction monitoring, and the essential screening capabilities needed to operate fiat-to-crypto operations.
# Providing Fiat On/Off ramp technology
XRamp provides end-to-end solutions for businesses that seek to streamline the user onboarding experience. It provides financial infrastructure for Binance in a frictionless, compliant and reliable way to operate digital assets with domestic fiat money, serving the LatAm market with simple and compliant access to cryptocurrencies.
Use case: Stellar
Settle Network works with Stellar to improve remittance in Latam.
+ xRamp
+ xRelay
+ xPanel
+ Anchor Services
Stellar is a blockchain based network for digital assets that makes it easy to trade digital representations, or tokens, of all forms of money. It enables digital representations of financial assets – bitcoins, dollars, pesos, etc. – to be traded in an easy and cost-efficient way.
Stellar relies on blockchain technology to sync its network, while making the user experience as fast and as cost efficient as a centralized network.
To provide closer integrations in LatAm, Stellar has formed a partnership with Settle Network. This new partnership will allow to issue digital assets and transfer digital representations of local currencies across Latin America.
# xAnchor technology
XAnchor is Settle Network’s new product that caters to banks, remittances companies, and payment processors that want to offer real time cross-border payment and remittances capabilities to their clients by leveraging the Stellar network.
XAnchor provides borderless tech and infrastructure necessary to bridge the gap between traditional and digital finance. Settle Network uses Stellar to provide programmatic interoperability between traditional and digital assets.
# How it works?
By providing fiat-to-crypto on/off ramps, local and cross-border liquidity for digital assets and payments, identity verification for KYC and AML, and Wallet OS, Settle Network is able to provide the infrastructure needed to process cross-border transactions, payments and digital assets in a simple manner.
Stellar is a blockchain based network for digital assets that makes it easy to trade digital representations, or tokens, of all forms of money. It enables digital representations of financial assets – bitcoins, dollars, pesos, etc. – to be traded in an easy and cost-efficient way.
Stellar relies on blockchain technology to sync its network, while making the user experience as fast and as cost efficient as a centralized network.
To provide closer integrations in LatAm, Stellar has formed a partnership with Settle Network. This new partnership will allow to issue digital assets and transfer digital representations of local currencies across Latin America.
# xAnchor technology
XAnchor is Settle Network’s new product that caters to banks, remittance companies, and payment processors that want to offer real time cross-border payment and remittance capabilities to their clients by leveraging the Stellar network.
XAnchor provides borderless tech and infrastructure necessary to bridge the gap between traditional and digital finance. Settle Network uses Stellar to provide programmatic interoperability between traditional and digital assets.
# How it works
By providing fiat-to-crypto on/off ramps, local and cross-border liquidity for digital assets and payments, identity verification for KYC and AML, and Wallet OS, Settle Network is able to provide the infrastructure needed to process cross-border transactions, payments and digital assets in a simple manner.
