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Articlewww.pymnts.comPYMNTS2y ago

Stellar Unveils Open Source Disbursement Platform

Stellar launched its open-source Disbursement Platform globally, enabling fast, low-cost bulk payments for gig workers, payroll, and aid distribution across 180+ countries with real-time tracking and instant cash conversion.

PaymentsDeveloper ToolsFinancial Inclusion
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Stellar announced the open-source release of its Disbursement Platform, originally built to support aid distribution in Ukraine. The tool enables users to send money in seconds, process payroll and supplier payments, and monitor delivery in real time. Recipients can convert digital currency to cash through Stellar's network of on- and off-ramps in over 180 countries. The platform targets gig workers, global payroll systems, and creators seeking faster, cheaper, and more transparent payment solutions. Research shows 26% of consumers would pay extra for instant disbursements, with demand particularly strong among gig workers who face financial insecurity and late payments.