Abroad announces a partnership with Lobstr, a leading Stellar network wallet, to enable seamless USDC stablecoin payments in everyday life across Latin America and Southeast Asia. Users can convert USDC to local currencies like Brazilian reais via QR code scans directly in the Lobstr app. This integration bridges blockchain with real-world spending, enhancing speed, security, and borderless transactions.
Abroad, focused on instant and borderless payments, has partnered with Lobstr, a non-custodial wallet on the Stellar network known for its simplicity and security. The integration allows Lobstr users to spend USDC stablecoins in real life by scanning local payment QR codes, such as Pix in Brazil, with instant conversion to local fiat like BRL deposited into merchant accounts. This extends to other markets like Colombia via Transfiya and connected banks, eliminating intermediaries and delays. The partnership targets key use cases in Latin America including travel spending, freelancer payments, and remittances. By combining Lobstr's trusted wallet with Abroad's cross-border infrastructure, stablecoins become practical for daily use, advancing Abroad's mission to democratize global payments.
