Faraday, Range's unified platform, streamlines stablecoin routing, risk management, compliance, and analytics compared to multi-vendor stacks like 0x, LI.FI, TRM Labs, and Dune. It offers a single API supporting chains including Stellar, reducing integration overhead and improving efficiency for fintechs like AcmePay. The article details advantages across routing, risk, data, and maintenance dimensions.
The article compares Faraday, a new unified API from Range for stablecoin operations, against fragmented multi-vendor solutions for routing (e.g., 0x, LI.FI), risk/compliance (e.g., TRM Labs, Chainalysis), and analytics (e.g., Dune, The Graph). Through a case study of AcmePay, a EU-regulated fintech handling cross-border remittances with USDC, USDT, and EURe, it highlights pain points like regulatory gaps, fragmented data, and high costs in multi-vendor setups, which Faraday resolves with embedded screening, real-time scoring, and unified audit trails across chains like Ethereum, Solana, Arbitrum, and Stellar. Key sections analyze superior routing with best-path aggregation, integrated risk/compliance with AI-enhanced labels, consistent data schemas for reporting, and drastically reduced integration overhead via a single API. Faraday supports EVM chains, Solana, Stellar, and more, with ongoing expansions, making it ideal for scalable, compliant stablecoin payments in wallets, fintechs, and protocols.