UnblockPay

What UnblockPay Does

UnblockPay is a stablecoin banking and payments platform built for businesses that need to move money across borders without the operational burden of managing blockchain infrastructure themselves. Launched in 2025 and headquartered in Brazil, the company positions itself as "the global stablecoin connector to LatAm" — bridging USDC and USDT on multiple blockchain networks, including Solana, to local payment rails across Latin America, the United States, and Europe.

The platform sits between the crypto and fiat worlds. On the crypto side, it issues and manages stablecoin wallets across Solana, Ethereum, Polygon, and Tron. On the fiat side, it connects directly into local payment infrastructure: Pix in Brazil, SPEI in Mexico, SEPA in Europe, and SWIFT, ACH, and Fedwire for broader coverage. The result is a single API surface where a business can accept a bank deposit, automatically convert it to USDC or USDT, route it across a blockchain, and have the recipient receive local currency — without the client ever interacting directly with on-chain infrastructure.

Core Product

UnblockPay offers four main service layers:

Stablecoin wallets and virtual accounts. Clients can create segregated stablecoin wallets on supported blockchains for their own treasury or on behalf of their end customers. USD and EUR virtual accounts with real bank details are also available, so businesses can accept fiat inflows and have them automatically converted to stablecoins.

On/off-ramps. The platform handles fiat-to-stablecoin and stablecoin-to-fiat conversion across its supported corridors. This includes automated ramp rules where inbound fiat payments trigger a stablecoin mint on a specified network — Solana being one of the available destinations.

Cross-border payments. Transfers are executable across 150+ countries, settling in minutes. The platform connects blockchain settlement with local disbursement rails so recipients can receive funds in their home currency without holding crypto.

Compliance infrastructure. Built-in KYC, KYB, and AML tooling handles customer onboarding, ongoing transaction monitoring, and counterparty screening. This compliance layer is a stated differentiator for clients in regulated markets like Brazil, where virtual asset service provider (VASP) licensing requirements are tightening under rules from the Central Bank of Brazil.

Solana's Role

Solana is one of the primary networks on which UnblockPay operates stablecoin wallets and executes transfers. Developers integrating the API can specify Solana as the destination chain for automated ramp flows, and native wallet-to-wallet USDC transfers on Solana are supported through the platform's transaction layer. Solana's throughput and cost profile make it well-suited to the high-frequency, smaller-value payments typical of payroll, remittances, and B2B disbursements in Latin American markets.

Team and Background

UnblockPay was co-founded by Lucca Freire (CEO), Fabio Thiele, and Pedro Henrique Braz. Freire and Braz previously co-founded Trampolin, a banking-as-a-service platform in Brazil that was acquired by Stone — one of Brazil's largest payments processors — in 2021. That background in regulated banking infrastructure shapes UnblockPay's compliance-first approach and its focus on markets where regulatory relationships matter.

Funding and Traction

In April 2026, UnblockPay closed a $4.5 million seed round led by Prelude. Additional investors included Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, and Crescera Capital. Angel participation came from operators at Stone, Zoop, and iFood — networks closely tied to Brazil's financial services and technology ecosystem.

The company reported processing more than R$300 million in transaction volume in its first year of operation, with over 40 clients across Brazil and international markets. The seed capital is allocated to geographic expansion, product development, and strengthening regulatory and compliance infrastructure, including pursuit of a stablecoin license from Brazil's Central Bank.

Circle Alliance Partnership

UnblockPay is a member of Circle's Alliance Partner program, reflecting its primary use of USDC as a settlement asset. The partnership covers B2B payments, payment settlement, payouts, and payroll use cases across Argentina, Brazil, Chile, Colombia, and Mexico.

Market Context

Latin America is among the most active regions globally for stablecoin adoption, driven by persistent currency volatility, high remittance costs, and underbanked populations. Brazil's Pix instant payment system — which processes hundreds of millions of transactions monthly — has conditioned businesses and consumers to expect fast digital settlement, creating a natural on-ramp for stablecoin-based infrastructure when it can match Pix's speed and regulatory acceptability. UnblockPay is building into that gap, offering the compliance and local-rail connectivity that raw blockchain tooling cannot provide on its own.