Blockradar Launches to Offer Stablecoin Wallets for Fintechs
TLDR
- Singapore-headquartered Blockradar provides wallet-as-a-service tools for fintechs, enabling them to launch stablecoin products
- The startup has processed over $100 million in on-chain volume and issued tens of thousands of wallets since mid-2024
- Stablecoins are increasingly embedded in African fintech products for payments, remittances, payroll, and cross-border settlements
Stablecoins are increasingly embedded in African fintech products for payments, remittances, payroll, and cross-border settlements, yet many users remain unclear on their value. Pegged to fiat currencies like the US dollar, they offer blockchain speed with reduced volatility—useful where dollar access is limited or banking systems are slow.
Launched in March 2025, Singapore-headquartered Blockradar provides wallet-as-a-service tools for fintechs, enabling them to launch stablecoin products without in-house blockchain engineering or complex custody setups. The startup has processed over $100 million in on-chain volume and issued tens of thousands of wallets since mid-2024.
Blockradar’s non-custodial, multi-chain wallet API includes gasless transactions, multi-chain addresses, and embedded compliance (AML/KYT), helping fintechs abstract crypto complexity for end users. Clients can design fiat-facing apps while using USDC/USDT under the hood.
Revenue comes from tiered monthly subscriptions based on wallet count and transaction volume, allowing unlimited transactions without per-payment fees—a fit for high-frequency use cases like gig worker payouts. The five-person team, with experience from Coinbase, Paystack, Uber, and PayPal, is targeting Africa, Asia, and Latin America, where stablecoins solve currency scarcity and high remittance costs.
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Key Takeaways
Blockradar positions itself as the infrastructure layer for fintechs that want stablecoin rails but lack blockchain expertise. By offering pre-built wallet stacks, treasury management, and compliance in one API, it removes integration friction and speeds time-to-market. The model supports cost-sensitive emerging market fintechs with predictable fees and localised user experience—billing in local currencies, hiding crypto mechanics from end users, and optimising cloud costs through automatic idle workload shutdowns. In markets like Africa, where dollar scarcity and high transfer costs hamper cross-border trade, stablecoins combined with infrastructure like Blockradar’s can unlock new payment flows, preserve value, and improve settlement speeds. As with Stripe in card payments, Blockradar’s goal is to be the invisible backend powering stablecoin transactions globally.
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