Fipto simplifies cross-border payments by using stablecoin rails as the underlying transfer mechanism between jurisdictions, converting to fiat at the point of receipt where required. This model eliminates the need for multiple correspondent banking relationships, removes hidden intermediary fees, and provides full transparency on the status of each payment. Fipto's infrastructure supports payments across multiple currencies and jurisdictions, with settlement in minutes rather than the one to five business days typical of SWIFT cross-border transfers.
