Basilic, a B2B payment routing layer for Latin American businesses, won SCF #44 Build Award and is building hybrid settlement infrastructure on Stellar that routes both fiat and stablecoin rails for merchants. Their first mainnet on/off-ramp operation completed in under three weeks.
Basilic is a payment routing layer for B2B businesses in Latin America that treats bank transfers and stablecoin settlement as equally valid rails, automatically routing transactions through whichever is fastest and cheapest for each corridor. The company won SCF #44 Build Award (Integration Track) and is building Stellar-native infrastructure including wallet management, payin/payout flows, and payment links. Tranche 1, submitted for review, covers wallet infrastructure and on/off-ramp operations completed ahead of schedule in under three weeks. Tranche 2 adds local bank settlement that feeds directly into merchants' Stellar balances, and Tranche 3 brings external-chain bridging via Circle's CCTP, making Stellar the default settlement rail for new merchants.
