EY’s recent findings reveal that more than half of the FinTechs in the US are racing to adopt stablecoins for streamlining payments, cross-border remittances, payroll, merchant payouts, and digital banking, all in real time.
Stablecoins provide a compelling solution, offering predictable value, instant settlement, programmable money, and on-chain transparency. Yet bridging fiat and stablecoins remains a heavy lift, weighed down by engineering complexity, compliance demands, and operational hurdles.
This is where Transak steps in as the missing infrastructure layer. With integrations across 450+ apps, support for 136+ cryptocurrencies, and coverage in 64+ countries, Transak delivers the fiat-crypto rails that both FinTechs and Web3 platforms rely on.
In this article, we’ll look at how FinTechs are adopting stablecoins, the challenges they face, and how Transak’s stack is designed to help them succeed.
Why FinTechs Are Turning to Stablecoins
Key drivers behind fintech adoption of stablecoins include faster settlement times, real-time liquidity, lower transaction costs, and programmability. Some of the key use cases:
- Remittances & cross-border payments: Using a stablecoin sandwich, i.e., local fiat → stablecoin → local fiat, can cut costs by 70–75% and settle stablecoin remittances in minutes.
- Embedded finance & instant payouts: FinTechs can embed stablecoin rails into non-financial apps so users never leave the interface. For instance, Transak Stream allows freelancers and creators who earn in stablecoins to instantly cash out to fiat within the same platform.
- Treasury & liquidity management: Stablecoins are increasingly becoming a part of modern treasuries. They are used to streamline operations, replacing legacy mechanisms such as FX desks, SWIFT transfers, and prefunding accounts with faster, programmable alternatives.
- Internal financial flows: Beyond customer-facing transactions, fintechs can use stablecoin rails to manage their own operations more efficiently. This includes paying suppliers, contractors, or employees across borders without the delays and high fees of traditional wire transfers.
Key Challenges FinTechs Face
Even though the stablecoin vision is compelling, FinTechs often stumble at the infrastructure level where the fiat-crypto-fiat transition happens. Some of the key challenges fintechs face:
- Fragmented fiat–stablecoin ramps: There’s no one standard API or flow globally. Multiple aggregators, popups, or redirects hurt UX and conversion, while inconsistent regional payment rails make it difficult to offer a unified user experience.
- Compliance, KYC, AML, licensing: Building regulatory workflows per country is costly and risky. Recent regulatory frameworks like the U.S. GENIUS Act and Europe’s MiCA (Markets in Crypto-Assets Regulation) are providing much-needed clarity, but they also raise the bar for compliance expectations.
- Fraud, chargebacks, and risk management: Cross-border flows invite unique fraud vectors, and handling disputes is complex. The lack of consistent global standards often forces fintechs to build bespoke fraud models, increasing costs and leaving gaps that bad actors can exploit.
- Liquidity & banking rails: In many markets, local banks or correspondent rails are limited, making fiat settlement slow or expensive. This fragmentation also restricts access to deep liquidity pools, forcing fintechs to rely on costly intermediaries or maintain large pre-funded balances.
- Integration complexity & developer overhead: FinTechs don’t want to become payments-infrastructure teams. Maintaining APIs, managing compliance updates, and handling global payment method integrations can drain engineering resources that would be better spent on product innovation.
How Transak Infrastructure Supports Fintechs
Here’s a breakdown of Transak’s capabilities and how they map to FinTech needs.
Onboarding & Integration Flexibility
- Transak supports multiple integration models, like redirect link, embed/iframe, SDKs, such as React, Angular, Vue, and mobile.
- In Web Integration, developers can customize query parameters, skip screens, control UI, and pass user context.
- It also supports WebSocket integrations and real-time updates for order status and events.
Customization & Flexibility
- Transak allows deep customization of its widget or embedded flows via parameters like API key, widget URL, styling, and payment options.
- Transak One supports advanced flows like passing calldata, smart contract interactions, etc.
Onboarding & Go-Live Process
- The On/Off Ramp Onboarding & Integration Process Overview outlines steps like partner signup, KYB, staging integration, customization, testing, and then going live. Check out Transak’s on-ramping solutions here.
- To get started, one must set up a partner account via the Partner Dashboard to obtain staging/production API keys. Here’s a complete guide on how to integrate Transak in your processes.
On-Ramp & Off-Ramp Products
- Transak’s core product is fiat → crypto on-ramp, supporting credit/debit cards, bank transfers, and local payment methods.
- On the flip side, Transak Stream offers a one-click off-ramp to send crypto → fiat with simplification built in.
- Additionally, Transak’s integration with Fireblocks Network for Payments gives fintechs institutional rails, combining onboarding and compliance.
How Transak is Transitioning The Financial Ecosystem
Here are some proof points and numbers on how Transak is facilitating stablecoin adoption for fintechs:
- Transak has processed billions in fiat-to-crypto volume across 450+ apps.
- It serves 136+ cryptocurrencies across 64+ countries.
- Its partnership with Fireblocks gives institutions a turnkey path to fiat-to-stablecoin rails, combining compliance, global reach, and integration ease.
- Transak enables seamless onboarding via the Fireblocks console or APIs for institutional players.
- Transak is trusted by major wallets and fintechs, including MetaMask, Binance, Trust Wallet.
These proofs signal that Transak isn’t just theory—it’s real infrastructure used by fintechs and Web3 players.
What the Road Ahead Looks Like
Transak’s internal roadmap aims for 1-click onboarding anywhere, for any financial app, by 2026. As regulation matures, stablecoin rails will become safer and more widely adopted.
Transak removes that friction for fintechs with modular, compliant rails that allow them to focus on product, not plumbing. With deep integration options, proven scale, and institutional partnerships like Fireblocks, Transak is uniquely positioned to power the next generation of FinTech stablecoin adoption.
Transak’s infrastructure enables fintechs to launch new stablecoin-native products without building the plumbing themselves. For Transak, the next frontiers will be programmable stablecoin payments, real-time payroll, and embedded finance in new verticals.
