Crossmint 2026: Full-Stack Stablecoin Infrastructure

Crossmint has developed a full-stack stablecoin and wallet infrastructure platform that is in commercial use by MoneyGram, Western Union, WireX and the government of the Marshall Islands. The Miami-based firm supports more than 50 blockchains and provides onboarding and payout services across over 160 countries through a single API that abstracts on-chain complexity.

Founded in Miami in 2022 by Rodri Fernández Touza, Crossmint transitioned from NFT tooling into enterprise stablecoin infrastructure. The company raised $23.6 million in a Series A round in March 2025 led by Ribbit Capital with participation from Franklin Templeton, Nyca Partners, First Round Capital and Lightspeed Faction. Crossmint reported 1,100% subscription revenue growth in 2024 and says it serves more than 40,000 enterprises and developers, including partnerships with Adidas and Red Bull.

The platform combines wallets, payments, on- and offramps, orchestration, tokenization and compliance into one integration. Crossmint bills clients in fiat and covers blockchain gas fees internally so end users of Crossmint-powered products do not see gas payments or approve on-chain transactions. The wallet layer supports programmable and embedded wallets for consumers, AI agents and enterprise treasuries, with managed custody and self-custody options depending on client needs.

Crossmint’s payments stack accepts Apple Pay and card payments and connects to local bank rails for fiat onramps. Offramps include more than 100,000 cash agent locations, local bank transfers and mobile money services across its global footprint. The orchestration layer routes liquidity across stablecoins such as USDC, USDT and PYUSD and manages multi-chain settlement across networks that include Base, Solana, Stellar and major EVM chains.

Several live deployments illustrate the platform’s use. MoneyGram launched a consumer app that uses Crossmint’s wallet and orchestration infrastructure. Western Union partnered with Crossmint in March 2026 to support USDPT on Solana. In June 2026 Crossmint began a partnership with African payments firm Paga to deploy infrastructure across a network that processes more than $11 billion in annual volume. WireX is using the platform for a multi-chain neobank product covering wallets, cards and treasury, and the Marshall Islands is using Crossmint wallets to distribute a digital dollar program.

Crossmint also offers tokenization tools and no-code APIs for minting tokens and verifiable credentials on its supported chains. The company has developed a payments product that issues virtual Visa cards for AI agents using Visa Intelligent Commerce, enabling autonomous payment execution from stablecoin balances.

On compliance and security, Crossmint holds SOC 2 Type II certification, maintains GDPR compliance and has MiCA authorization via Spain’s CNMV. The company is pursuing a PSD2 Payment Institution license and maintains AML, KYC and Travel Rule infrastructure to support operations in the United States and its broader 160-country footprint. Crossmint reports a high-availability service level agreement for enterprise clients.

Crossmint’s reported total funding is $23.6 million, smaller than the capital backing several competing platforms. The company’s orchestration model relies on third-party stablecoin issuers and their reserve and liquidity practices, a dependency that can affect settlement if an issuer faces regulatory or liquidity issues. Crossmint is continuing the PSD2 application process to expand its European payment institution capabilities.