Capa has chosen DFNS as the core infrastructure behind its cross-border payments and stablecoin FX platform connecting Latin America to the world.
Capa’s product is moving money across borders, instantly, compliantly, and at a fraction of the cost of traditional rails, with stablecoins as the engine underneath and a single API on top. For a company built on that promise, the layer that holds balances, moves value across chains, and enforces the controls a money business needs is not a back-office detail. It is the engine room. By choosing DFNS, Capa builds on a full operating platform for that layer, accounts, transaction processing, treasury, and governance, rather than a custody tool it would have to build a business around.
Capa, building the payment rails between Latin America and the world
Capa is a 24/7 FX and payment platform connecting Latin America to the rest of the world through API and dashboard. LATAM is a fragmented region. Moving money in and out of the region has long meant slow settlement, high FX costs, and fragmented banking relationships in every market. Capa collapses that into a single integration: it receives local currency, handles the entire process, and moves value quickly, more efficiently, and at scale across Latin America and beyond.
The platform is built around stablecoin rails and FX as its core capability: Capa receives local currency and handles end-to-end transactions across Latin America through one API connection, converting fiat to stablecoins and back around the clock so clients move between currencies quickly and at a transparent and predictable cost, without the delays and fees of traditional FX. And Market Making provides deep liquidity across OTC markets, exchanges, and DeFi venues, with a focus on keeping non-USD stablecoins aligned to their fiat counterparts. Together they span currencies and assets including the Mexican pesos (MXN), USD, EUR, USDC, USDT, BRL1, MXNB, and more.
Like the best modern infrastructure, Capa is developer-first. A single API allows fintechs, financial institutions, payment companies, and enterprises to launch across the region in days, with teams able to start transacting within 24 hours. That design is already delivering results for the companies building on it: Conduit Pay reports cutting payout time from 48 hours to 10 minutes while reducing FX costs by more than 60%, and Capa has become trusted infrastructure for payment companies including Walapay and Borderless. It is exactly the kind of platform whose success depends on the reliability, programmability, and security of the layer beneath it.
That momentum shows in the partners forming around Capa. Polygon Labs has committed $2 million in delegated capital to Capa for onchain FX, deepening the liquidity behind its rails. Capa has also joined forces with Polygon Labs and BRL1, which within six months of launch became the most-traded Brazilian real-pegged stablecoin on local platforms, issued by a consortium of Bitso, Foxbit, Mercado Bitcoin, and Cainvest. Built on Polygon and settled through Capa, BRL1 can now move across borders as readily as the dollar-based stablecoins it sits alongside, so a business in São Paulo can pay a counterparty abroad in seconds without leaving the real.
Why Capa chose DFNS
Capa evaluated its core infrastructure the way a serious money-movement business should, against the demands of running real volume across multiple currencies and chains. A few things made DFNS the right foundation.
- API-first and programmable. Capa’s entire model is programmatic: one integration, automated flows, new corridors added as the business grows. DFNS was built from day one as a programming interface, where every capability, wallet creation, transaction signing, policy enforcement, webhooks, recovery, is available over a clean API, with the dashboard as just another client of it. That architectural starting point matches how Capa builds.
- Reliability at payments scale. For a platform promising instant settlement, a failed transaction is a lost customer. DFNS runs its own blockchain node infrastructure, chain by chain, with API-level idempotency, transaction rebroadcasting, and real-time failover rather than dependence on third-party providers. It is the same infrastructure that payment companies run on for high daily volumes at near-zero failure rates.
- Stablecoins across chains, under control. Capa’s FX and settlement run on stablecoins like USDC and USDT. DFNS supports them across 100+ networks and third-party services from one control plane, so as Capa adds assets, chains, and corridors, the same platform extends with it, with governance and screening applied to every flow.
- Pricing that scales with a payments business. DFNS pricing is transparent and usage-based, with no fees on assets under custody and no cut of transaction volume. For a high-throughput FX and payments company, a model that takes basis points or per-transaction fees works against the economics. A predictable model does not.
How DFNS supports Capa
DFNS is a core banking platform for digital assets: the operating layer between an application’s business logic and the chains it runs on. For Capa, the building blocks of a stablecoin payments and FX platform come as one system, through one API, rather than assembled from separate pieces.
Accounts and wallets sit at the foundation, provisioned programmatically for Capa’s flows. On top of that account layer, DFNS provides the transaction processing behind Capa’s payments and FX movements, treasury tooling to manage balances and liquidity across chains, and a policy and governance engine that enforces limits, approvals, and screening before anything moves, which matters for a business operating across borders and jurisdictions. Real-time webhooks feed reconciliation and reporting, the kind of treasury visibility Capa’s enterprise and corporate clients depend on.
Private keys are protected through DFNS’ key infrastructure and never assembled in one place, so the balances behind Capa’s flows rest on a foundation an attacker cannot move without defeating several independent systems at once. DFNS operates strictly as a technology provider, with a zero trust architecture and SOC 2 Type II, ISO 27001, ISO 27017, and ISO 27018 certifications.
By building on DFNS, Capa keeps its engineering focused on what makes it distinctive, its liquidity, its FX rates, and its payment corridors across Latin America, on top of a proven platform for accounts, transaction processing, and governance.
A practical foundation for stablecoin payments across Latin America
Latin America is one of the most active regions in the world for stablecoin adoption. Demand for dollars and stablecoins is high, traditional cross-border rails are slow and expensive, and a fast-growing fintech ecosystem is rebuilding payments on better infrastructure. Capa sits at the center of that shift, moving money between the region and the world with stablecoins as the rail and local currency on each end.
DFNS is built to support Capa across those corridors and the ones to come: the account and transaction infrastructure to hold and move value across chains, the governance and compliance controls to operate as a money business across multiple jurisdictions, and the scalability to grow without re-architecting. As Capa expands across Latin America, the same operating layer extends with it.
Together, Capa and DFNS bring fast, low-cost money movement to a region the traditional system has served poorly: Capa through a platform that makes cross-border payments and FX effortless, and DFNS through the infrastructure that runs the financial operations underneath. As stablecoin rails continue to scale across Latin America, it is a foundation built for production from day one.
Start building on DFNS today: app.dfns.io/get-started