In the context of the accelerated reconstruction of global financial infrastructure, the global fintech group Galactic Holdings, focusing on stablecoin cross-border clearing and settlement, officially launched its new corporate financial service brand—VelaFi today. This marks a comprehensive upgrade of Galactic's original brand TruBit Business, which has been deeply engaged in emerging markets, especially in the Latin American market, for over two years.
VelaFi is derived from TruBit Business's profound understanding of corporate cross-border payments and compliance operations over the years, and has been fully upgraded into a more focused independent brand with a global perspective. The platform is dedicated to building a stablecoin financial infrastructure that meets compliance requirements and adapts to diverse market structures for enterprises. To date, the platform has served over 500 global institutional clients and has established strategic partnerships with several leading international financial and blockchain companies, including Circle, the issuer of USDC stablecoin, gaining widespread recognition and trust in the industry.
Currently, VelaFi's business covers core markets such as Latin America, the United States, Hong Kong, and Singapore. The next phase will focus on promoting localization and strategic layout in Japan and Southeast Asia, while also expanding into emerging markets in the Middle East, Europe, and Africa, providing global enterprises with smarter, compliant, and scalable financial infrastructure support.
Seizing the opportunity of financial system transformation, building a new generation of stablecoin cross-border payment and settlement network based on compliance
According to the Bank for International Settlements (BIS) and the Federal Reserve, the current scale of circulating stablecoins is approximately $250 billion, accounting for less than 0.3% of the global broad money (M2) exceeding $100 trillion. This comparison highlights the growth space and development potential of stablecoins as digital payment infrastructure. As technology matures and the global payment system accelerates its digitalization, stablecoins are rapidly evolving from marginal tools to mainstream financial infrastructure, increasingly becoming a key support for cross-border transactions, fund clearing, and multi-currency management.
With the continuous evolution of the global digital financial regulatory system, multinational enterprises have a more urgent demand for compliant, secure, and highly adaptable infrastructure to support their ongoing development amid structural changes. VelaFi was born under this trend, focusing on building future-oriented cross-border financial service capabilities. The operating entity of the VelaFi brand, Galactic Holdings, has obtained financial technology and payment compliance qualifications in multiple countries, including the US MSB, Mexico VASP, Argentina VASP, and PSP, consistently aligning with global regulatory standards to ensure the legal and compliant conduct of cross-border business.
Focusing on enterprise scenarios, creating a system-level solution for cross-border transactions
In the long-term service of clients in industries such as import and export, e-commerce, logistics, SaaS, and fintech, the VelaFi team has gained a deep understanding of the common challenges enterprises face in cross-border transactions: including a highly fragmented regulatory environment, unstable banking channels, and a lack of transparency and predictability in fund circulation. These real pain points not only highlight the urgent market demand for efficient, secure, and scalable financial infrastructure but also further clarify our core value as a service provider.
Based on this profound understanding, VelaFi has gradually evolved from an early focus on single-function product forms to a systematic platform, continuously refining enterprise-level capabilities and building an integrated service system covering payment integration, financial collaboration, regional insights, and compliance support, aiming to become a trusted underlying financial infrastructure partner for enterprises deploying in multiple markets.
"VelaFi" symbolizes setting sail, helping enterprises achieve efficient and stable growth globally
The name "VelaFi" is derived from the Spanish word "vela" (meaning "sail"), symbolizing the platform's commitment to helping enterprises navigate the financial waves steadily. We believe that what enterprises need in a complex environment is not just technical support, but also directional and structural support for development. Therefore, VelaFi connects with global regulatory trends from the underlying architecture, providing scalable payment tools, standardized API interfaces, real-time reconciliation, and compliance management modules, offering enterprises clear, unified, and actionable global infrastructure solutions.
"We start from the most painful markets, having deeply cultivated in Latin America for many years, personally experiencing and profoundly understanding the core challenges enterprises face in cross-border operations: complex regulatory environments, low efficiency of banking infrastructure, severe exchange rate fluctuations, and high costs of fund circulation. These seemingly independent issues actually constitute the most overlooked yet hardest structural barriers in the globalization process of enterprises," said Maggie Wu, co-founder and CEO of VelaFi. "VelaFi was born based on these frontline insights. We use stablecoins as the foundation, reconstructing the flow of funds with blockchain technology to build a truly cross-border clearing and settlement infrastructure network aimed at emerging markets, helping enterprises overcome barriers between regions, currencies, and systems, and deploy their businesses faster in global markets, achieving long-term and sustainable growth."
Today, VelaFi is accelerating its international expansion, continuously launching innovative products that meet the real needs of enterprises, and working with clients to build a cross-border financial infrastructure network supported by stablecoins and blockchain technology, which is future-oriented, structurally stable, and sustainably scalable. This is not only a response to the Latin American market but also a systematic solution to the widespread structural dilemmas existing in global emerging economies. We will continue to deepen our technological and compliance capabilities, promoting the compliant application of stablecoins in more countries, supporting enterprises in achieving efficient, secure, and low-threshold global fund operations, and facilitating the free flow of value between emerging markets.
About VelaFi
VelaFi is a cross-border financial infrastructure platform designed for enterprises in emerging markets, dedicated to providing clients with compliant, secure, and flexible cross-border funding solutions. The platform is a subsidiary of Galactic Holdings, currently covering business in Latin America, the United States, and Asia, and is expanding into more global markets. VelaFi's mission is to build a foundational financial system that supports enterprises in growing frictionlessly amid global financial transformations.
For more information, please visit: www.velafi.com
This article is contributed and does not represent the views of BlockBeats.
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