Enhanced Cross-Border Transactions
The partnership allows Conduit’s customers to swiftly transfer funds between Brazil and the United States. Utilizing Onchain FX, a feature that enables the immediate exchange of stablecoins pegged to different currencies, these transfers can now be completed within minutes.
Braza Group introduced a stablecoin linked to the BRL in February 2025, aiming to bridge the gap between traditional and innovative financial technologies. This move supports businesses by providing more efficient payment options.
Stablecoins Across Borders
In collaboration with Braza Group, Conduit customers can now make payments from Brazil to the US in BRL. Braza will mint a digital currency, which Conduit will exchange for a US-backed stablecoin, ensuring seamless transaction completion.
Conduit’s objective is to establish a global payment network that supports rapid settlements between Brazil and the United States, achieving transactions within just two minutes. This partnership also allows users to switch between stablecoins and fiat currencies as needed, expanding Onchain FX’s potential on a larger scale.
The integration with Braza Group comes after Conduit secured $36 million in Series A funding and experienced a 16-fold increase in transaction volume in 2024. This collaboration further bolsters the platform’s ability to handle global transactions quickly and efficiently, ensuring smooth settlement processes without any constraints.
