Pelago Labs announced its integration with Stellar to build a crypto-enabled supply chain financing platform that tokenizes account receivables and provides working capital to suppliers through USDC settlements on Stellar.
Pelago Labs, a Vancouver-based fintech company, unveiled its integration with the Stellar blockchain to develop a supply chain financing platform that tokenizes and fractionalizes account receivables of accredited buyers. The platform enables suppliers to access pre-settlement liquidity backed by buyer credit, improving cash flow efficiency. Suppliers can settle funds in USDC on Stellar through PolyFlow's liquidity-pool-based payment channel or convert to local currencies via authorized providers. The platform integrates PolyFlow's on-chain KYC system and enterprise-grade wallet. Recently, two suppliers successfully secured a $1M+ USDC credit facility from Trusta Labs, demonstrating the platform's real-world utility for SMEs seeking working capital without traditional banking barriers.