Lumx launches a production BRL-USDC corridor on Stellar for institutional payment settlement between Brazil and global markets. The infrastructure handles on- and off-ramps and compliance, enabling banks and fintechs to settle payments in seconds rather than days.
Lumx launches a production BRL-USDC corridor on Stellar for institutional payment settlement between Brazil and global markets. The infrastructure provides near-instant, low-cost settlement compared to traditional cross-border payment methods, addressing Brazil's rapid stablecoin adoption and the institutional need for faster settlement. Through Lumx's payment orchestration platform, institutions can move between BRL and USDC on Stellar without building their own blockchain infrastructure. The platform handles on- and off-ramps, compliance, and connectivity to local payment rails. Liquidity partners have committed to supporting the corridor from day one, enabling immediate access to settlement services for banks, fintechs, and payment providers.
