This collaboration enables Conduit’s users to easily transfer funds from Brazil to the United States and settle transactions quickly through Onchain FX. In this process, stablecoins linked to different currencies can be instantly swapped.
Transferring stablecoins across borders
Braza Group introduced its own stablecoin in February 2025, tied to the Brazilian Real (BRL), aiming to connect Brazilians with cutting-edge financial technologies globally and assist businesses in enhancing their operations.
Through this partnership, Conduit’s customers can use the platform to make payments from Brazil to the US using BRL. Braza Group will mint a digital currency that Conduit will exchange for an US-backed stablecoin, finalizing the transaction with the recipient.
Conduit is striving to establish a streamlined and scalable global payment network, offering near-instantaneous transactions between Brazil and the United States in just two minutes. This system also allows users to switch between stablecoins and fiat currencies as needed. Leveraging Braza Group’s liquidity and investments in stablecoins, Conduit aims to expand Onchain FX at scale.
This approach is seen by Conduit as a way to revolutionize cross-border payments. The company offers both blockchain-native infrastructure and traditional financial solutions, including almost instantaneous and programmable global transactions with built-in AML, sanctions screening, and transaction monitoring features.
The partnership with Braza Group comes after Conduit’s Series A fundraising, which secured USD 36 million in funding, and a significant increase in transaction volume by a factor of sixteen in 2024. This alliance strengthens Conduit’s capacity to settle global transactions swiftly and efficiently while ensuring smooth liquidity for seamless settlement processes.