Blockradar

Blockradar is a Wallet-as-a-Service (WaaS) platform that provides fintech companies with a complete stablecoin payment stack through a single API, eliminating the need to build in-house blockchain engineering. The core problem Blockradar addresses is that building stablecoin rails from scratch requires solving multi-chain wallet custody, gas fee management, AML compliance, and real-time transaction monitoring before a product team can ship a single customer-facing feature. Blockradar abstracts this entire infrastructure layer into a subscription API so that product teams can focus on user experience rather than blockchain operations. The company was founded in 2024 by Abdulfatai Suleiman and Morgan Williams. Suleiman previously built Lazerpay, an earlier crypto payments startup that shut down, and lessons from that experience informed the design of Blockradar: a non-custodial architecture where the customer business retains control over user funds, and an AML and compliance layer integrated into the core product rather than bolted on after the fact. The five-person team is distributed across Nigeria, Singapore, London, San Francisco, and Dubai, with prior professional backgrounds at Coinbase, Paystack, Uber, PayPal, Nestcoin, and Andela. The platform works through programmatic wallet issuance. A developer calls the Blockradar API to generate dedicated on-chain wallet addresses for each end user. A master wallet aggregates incoming deposits from child addresses through an automated sweep mechanism, routing funds to the main treasury without any manual intervention. Outbound stablecoin transfers are triggered through API calls, and real-time webhook notifications alert the merchant system when deposit events are confirmed on-chain. Gas abstraction is one of the most operator-relevant features: Blockradar sponsors network fees on behalf of end users, meaning customers never need to hold native tokens like ETH, SOL, or BNB to transact. This removes a significant onboarding barrier in emerging markets where users are unfamiliar with the concept of paying blockchain transaction fees. Compliance tooling is embedded directly into the transaction flow. Before any transfer settles, every transaction is screened against OFAC, FBI, Tether, and Circle blocklists in real time. Flagged transactions are blocked at the settlement stage, and the merchant receives an alert. The platform also supports know-your-transaction monitoring and generates AML audit trails required by regulated fintech operators. Additional infrastructure features include embeddable stablecoin checkout flows, API-generated payment links, virtual account issuance that maps bank account numbers to on-chain addresses, and liquidity pool management for corridor-based settlement. On the multi-chain side, Blockradar supports eight chains: Ethereum, BNB Chain, Tron, Optimism, Base, Celo, Lisk, and Solana. The multi-chain abstraction means a developer can change the settlement chain by modifying a single API parameter without rewriting any integration code. Cross-chain USDC movement uses the Circle Cross-Chain Transfer Protocol. Blockradar was a Day 1 partner of Circle Gateway when it launched in August 2025. Supported stablecoins span both global and local-currency instruments: USDC, USDT, DAI, EURC, BUSD, plus the Nigerian naira stablecoin cNGN, the Indonesian rupiah stablecoin IDRX, and the Mexican peso stablecoin MXNB, which was added in May 2026. The local-currency stablecoin roster reflects Blockradar focus on payment corridors in markets where dollarized instruments alone do not fully serve user needs. Between its founding in 2024 and August 2025, Blockradar processed over 100 million dollars in on-chain stablecoin volume, issued over 40,000 wallets, and was serving more than 100 fintech customers across eight countries, with weekly volume in the millions. The company is fully bootstrapped and operating profitably. Customers include cross-border payment platforms, emerging market savings and investment apps, and neobanks or exchanges seeking to add stablecoin rails without building custody infrastructure in-house. Named partners include Circle, Tether, Base, Celo, Lisk, Nestcoin, and Chainstack. Geographic expansion has tracked the local-stablecoin additions: the platform started with a primary focus on Africa, Nigeria being the home market of the founding team, and has since expanded to Latin America and Southeast Asia. A July 2026 announcement by the company confirmed active expansion into Colombia. In May 2025, Blockradar won first place at the pitch competition at the Crypto Valley Conference in Switzerland and was featured at a second global tech conference in London. Blockradar positions itself as infrastructure built from emerging markets and oriented toward the global stablecoin adoption opportunity. Solana is among the eight chains the platform supports. Sub-cent transaction fees and near-instant block finality on Solana make it well-suited for high-volume stablecoin payment flows, payroll distributions, micro-remittances, and merchant settlements where cumulative per-transaction fees on other chains would erode profitability. Blockradar gas abstraction on Solana means end users can receive and send stablecoins without holding any SOL, which meaningfully reduces onboarding friction for consumer-facing fintech applications. Pricing follows a monthly subscription model tied to the number of wallets issued and the transaction volume processed, with a free tier for early-stage teams and plans that scale to enterprise-level usage.