APAC businesses can speed up B2B cross-border settlement from days to hours with the capabilities of Damisa’s regulated stablecoin infrastructure multiplied by dLocal’s regional payment rails.
Damisa, a B2B cross-border stablecoin-powered payment and settlement platform specifically focused on emerging markets, today announced a strategic partnership with dLocal, a cross-border payment platform helping global merchants expand to developing regions. Together, the two companies hope to expand local payment settlement methods across the Asia-Pacific.
Thanks to the new partnership, Damisa will link its stablecoin infrastructure to dLocal’s established local payment rails across the Asia-Pacific (APAC) region. Multiple rails will be added through a single integration. The settlement solution also entails a transparent one-fee structure and a real-time tracking tool for added convenience. This gives Damisa’s merchant users access and visibility into local bank transfers across key markets, and they don’t have to change the platform they already use.
Emerging market payment challenges
The APAC cross-border commerce market is projected to exceed $4 trillion by 2028. At the same time, businesses operating across APAC emerging-market corridors still face slow, unreliable, and costly cross-border settlement. This gap between opportunities and payment reality creates one of the most significant growth chances for fintech operating in B2B segment.
“APAC represents one of the most significant opportunities in global B2B payments, and dLocal gives us the local rail access and regulatory footing in the APAC markets where it operates to move quickly and responsibly in the region. This partnership means our customers can reach new markets without any additional integration on their side. That is the kind of seamless expansion we are building Damisa to deliver.”
Thomas Pinter, Co-Founder and Chief Commercial Officer at Damisa
Damisa enables businesses to collect, hold, and pay out not only stablecoins but also fiat. In total, that adds up to more than 70 different currencies. Although the settlement happens via regulated stablecoin rails, the blockchain layer remains invisible to the end user, providing a familiar financial overview instead of complicated ledger-based records.
Its new partner, dLocal, enables businesses to pay and receive payments across emerging markets via direct connections to local acquirers. The platform provides access to 1,000+ local payment methods (including cards, bank transfers, e-wallets, and mobile money). That is something global merchants typically do not possess by default. They tend to initially rely on global payment infrastructure (e.g. Visa, Mastercard, PayPal). Meanwhile, mobile money use, for instance, surpasses traditional bank account ownership in low-income emerging economies. Most emerging markets have around 3-5 active mobile money providers, though mature markets can exceed 10 similar solutions used by thousands of people. Integrating each separately is a nuisance.
At the same time, dLocal merchants don’t have to set up local entities in every location or manage separate processor connections. The firm’s middlemen infrastructure handles the final mile of the settlement process, depositing funds directly into local bank accounts. That boosts business liquidity since the routing delays associated with traditional correspondent chains are not applicable in this scenario.
“Cross-border settlement in APAC can be complex. Fragmented rails, local compliance requirements, in-country operational demands. That is exactly what our infrastructure is built to absorb. Damisa is building for corridors that have been underserved for too long, and this partnership gives them the foundation to do it at scale.”
Richard Healy, Commercial VP (APAC) at dLocal
