Beans, a non-custodial wallet enabling zero-fee international payments on Stellar, shares insights on winning the Stellar Community Fund Round 10. The app leverages Stellar's fee sponsorship and on/off ramps to simplify cross-border transactions for mainstream users.
Beans, founded by fintech entrepreneur Wouter Arkink, is a non-custodial wallet app that enables international money transfers at zero fees by leveraging Stellar's infrastructure. The app won Stellar Community Fund Round 10 and is now in beta with around 100 users testing payments, requests, and savings features. Wouter explains why Stellar was chosen: near-instant settlements, local on/off ramps worldwide, and fee sponsorship capabilities that allow Beans to absorb transaction costs. Through SCF participation, Beans connected with ecosystem partners like Anclap and MyKobo to expand on/off ramp access in Latin America and Europe. The article highlights SCF's value beyond funding, including community feedback and partnership opportunities, while Round 11 applications are now open.
