BlindPay introduces Named Virtual Accounts, allowing businesses to create U.S. bank accounts in customers' names for receiving USD payments via ACH, Wire, RTP, and SWIFT. Payments are automatically converted to stablecoins like USDC/USDT on blockchains including Stellar, with instant payouts to local currencies. This simplifies global payments, reduces costs, and bypasses traditional banking barriers.
Named Virtual Accounts from BlindPay enable users to open U.S. bank accounts in their end customers' names, supporting payments through ACH, Wire, RTP, and SWIFT. Incoming USD is instantly converted to stablecoins (USDC/USDT) on major blockchains such as Polygon, Base, Arbitrum, Stellar, and Tron. Funds can then be paid out immediately to local currencies including BRL, MXN, COP, and ARS. Key benefits include efficient USD receipt, global supplier/customer payments, cost reduction in cross-border operations, and access to the global financial system without traditional banking. Features encompass customer names on statements, API/dashboard integration, and seamless automation. The service is available now for businesses facing U.S. financial access barriers.
