Vita Wallet has partnered with Dfns to enhance secure, stablecoin-powered transfers across LATAM, ensuring faster and safer international transactions.
Vita Wallet, a leading platform for international money transfers, has officially partnered with Dfns. This partnership will empower Vita Wallet users across Latin America to send and receive low-cost, instant payments in Bitcoin or stablecoins like Tether (USDT) and USD Coin (USDC). The integration of Dfns’ advanced wallet infrastructure marks a significant leap forward in providing secure, decentralized financial services to individuals and businesses in Chile, Argentina, Venezuela, Peru, and beyond.
Stablecoins are liberating Latin America
In LATAM, where inflation and currency instability are ongoing challenges, stablecoins have become a powerful tool for financial stability. Stablecoins, pegged to reliable assets such as the US dollar, offer an efficient and cost-effective way to transfer money across borders. Unlike traditional remittance services, which often come with high fees and long processing times, stablecoins enable fast and secure transactions that bypass conventional banking hurdles through the use of blockchain technology.
According to recent data from the World Bank, the region receives around $150 billion in remittances annually, a figure that continues to grow. Stablecoins like USDT and USDC (but also Agora’s AUSD, Paxos’ USDP and Mountain Protocol’s USDM) are becoming increasingly popular, offering a safer alternative for people trying to preserve their savings and conduct daily transactions in economies grappling with hyperinflation. This growth in crypto adoption positions platforms like Vita Wallet at the forefront of financial transformation in the region.
Vita Wallet is redefining payments in LATAM
Since its founding in 2019 by Venezuelan brothers Joel and Moisés Zambrano, Vita Wallet has redefined how people in LATAM manage their money. With over 135,000 users and 650 businesses across several countries, Vita Wallet processes over $60 million in monthly transactions using cryptocurrencies. The platform’s ability to deliver fast, low-cost international transfers—in minutes—has made it indispensable for people sending money to and from countries like China, the US, the UK, and Latin America.
Available on web and mobile, Vita Wallet lets users send money internationally and buy or sell cryptocurrencies with ease. Its mission is clear: to give users financial freedom to manage their money anytime, anywhere, with just an internet connection and a smartphone or laptop. Signing up is easy:
- Download the app: Find them on the Google Play Store or App Store.
- Create your account: Enter your email and choose a strong password.
- Verify your email: Look for the confirmation email and follow the instructions.
- Complete your profile: Provide your personal information and upload a copy of your ID document.
- Once your account is verified, you can enjoy all the benefits of Vita Wallet.
Dfns chosen to secure crypto payments
Dfns is at the core of Vita Wallet’s new capabilities. As a leader in wallets-as-a-service (WaaS), Dfns provides cutting-edge multi-party computation (MPC) technology that not only enhances the security of crypto transactions but also significantly improves infrastructure performance. By partnering with Dfns, Vita Wallet now delivers a seamless experience for storing and transferring cryptocurrencies on Polygon, Bitcoin, Tron, and Binance Smart Chain (BSC). With Dfns' robust wallet services, Vita Wallet users enjoy:
- Instant, low-cost stablecoin transactions across LATAM and beyond.
- Strong security with advanced cryptographic protection to guard against cyber threats, errors, and risks.
- Better performance with high availability, low-latency transactions, fast signatures, and accurate blockchain synchronization for a smooth user experience.
- Cost-efficiency, thanks to Dfns' optimized infrastructure, enabling Vita Wallet to offer competitive fees while maintaining top-quality service.
- Full regulatory compliance with audit-friendly infrastructure that aligns with current regulations and provides clear, trackable transaction records.
- Developer-friendly design that allows quick, flexible builds and deployments, helping Vita Wallet adapt and scale with new features or blockchain integrations.
With Dfns' reliable infrastructure, Vita Wallet guarantees high uptime and service availability, ensuring users can access their wallets and execute transactions anytime, anywhere. This level of performance means that cross-border payments are not only easy but secure, accurate, and dependable.
“Dfns has greatly enhanced our capabilities as a financial platform. Their detailed and easy-to-use APIs empowered our team to build a user-friendly wallet service. We also value their focus on security, infrastructure performance, and responsive support, all of which Dfns delivers flawlessly.”
— Yondri Leonel Roa, CTO of Vita Wallet
This partnership goes beyond just adding a new feature – it's a big step toward improving financial inclusion in LATAM. As stablecoin use grows in the region, people and businesses need financial services that are secure, affordable, and reliable. With Dfns' strong infrastructure, Vita Wallet is ready to meet these needs, providing users with top-notch security, cost savings, and flexibility in managing their money.
Authors
Clarisse Hagège
Clarisse Hagège is the CEO and Cofounder of Dfns. She has an extensive background as a Board Member of the MPC Alliance, Mentor at Techstars Web3 Launchpad, and crypto startup Advisor at Station F. With BSc and MSc degrees in Finance, Economics and Political Science from Sorbonne University, Sciences Po, and Dauphine University, her career spans a decade in investment banking and corporate treasury in Paris and New York, including roles at Goldman Sachs, Merrill Lynch, and Crédit Agricole CIB.
