Crossmint launches stablecoin funding onramp across more than 160 countries

  • Crossmint launched a stablecoin funding onramp for fintech applications on September 2.
  • More than 160 countries are covered, according to Crossmint's launch announcement.
  • Crossmint did not disclose launch volumes or customer-conversion data after rollout.

Crossmint launched a stablecoin funding onramp on September 2, saying it is available across more than 160 countries. The product allows fintech applications to let users fund wallets through Apple Pay, Google Pay or payment cards while staying inside the app. The onramp can be added through Crossmint components or application programming interfaces for a headless implementation, with risk-based identity checks adjusted to local requirements. In the European Economic Area, Crossmint said its European entity is authorized as a crypto-asset service provider under MiCA (the EU crypto-asset framework) and as a payment institution under PSD2 (the EU payments directive). In other markets, it relies on an appropriately authorized Crossmint entity or a licensed local partner. Crossmint also says it handles know-your-customer checks, sanctions and anti-money-laundering screening, wallet screening and applicable Travel Rule duties, while managing card disputes and chargeback liability. The product extends Crossmint's existing embedded wallets, stablecoin orchestration, offramps and card products. The company said dozens of fintechs and consumer apps use its funding infrastructure and identified MoneyGram, Wirex and Tala among more than 40,000 enterprises and developers it serves. Crossmint did not disclose country-by-country acceptance rates, transaction fees, settlement times, launch volumes or customer-conversion data, so availability and service terms remain dependent on local rules, licensed counterparties and supported payment methods.

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