As an emerging digital financial platform in the crypto industry, Stella Pay officially announced the global launch of its highly customizable, integrated one-stop solution for crypto asset payment and investment white-label services at the Cobo “New Upgrade, Embrace the Future—Cobo Portal Conference” on July 17. Stella Pay aims to lower the entry barriers for new participants in the industry by providing valuable experience and powerful tools, further promoting the large-scale adoption of blockchain technology and innovation in financial business models.
Promoting Large-Scale Adoption of Blockchain
With the rapid development of blockchain technology, its applications in the financial field are becoming increasingly widespread. However, the complexity and high entry barriers of blockchain technology have deterred many potential market participants. The white-label service launched by Stella Pay offers these enterprises a low-barrier, high-benefit solution, allowing more companies to easily enter the field of crypto asset payment and investment.
The core of Stella Pay’s white-label service includes the customization and issuance of Visa crypto credit cards, as well as providing credit card and user operation systems. This comprehensive solution is designed to help businesses quickly build their own crypto asset payment systems, enabling them to respond swiftly to market demands and achieve rapid business expansion and growth.
Stella Pay will also soon launch a series of secure financial products, including tokenized US short-term treasury products and high-yield investment products based on funding rate arbitrage.
Additionally, Stella Pay plans to launch remittance services for certain countries and regions.
1) Who are the main customers of the white-label service? In what specific areas can we assist them?
Any company wishing to issue its own Crypto Card or integrate blockchain-based financial products into its platform is welcome to become our partner. Besides providing a complete and mature VISA credit card solution, we can also support in compliance, cryptocurrency trading and custody, e-wallets, and more.
2) What role does the crypto credit card business play in the cryptocurrency industry? What other key areas of development and innovation are needed to maximize the potential of this business model?
To truly understand the value of blockchain and cryptocurrency, users must be able to freely spend cryptocurrency. In the consumer scenario, cross-border credit card spending is a significant segment. Our credit cards have a high success rate for global spending and are well-regarded in the industry. Other related services include financial products (secure, stable annual yield) and remittance services (real-time, cross-border remittance from user A to user B), which are currently very popular among users.
A Catalyst for Industry Innovation
The launch of Stella Pay’s white-label service not only provides technical support but also offers new ideas for business model innovation. Through highly customizable services, enterprises can flexibly adjust and optimize their payment and investment solutions according to their needs, achieving more efficient operations and greater market competitiveness.
The core of this initiative is the sharing of experience and tools. Stella Pay not only provides technical support but also shares its rich experience in the crypto asset field, helping enterprises better understand and respond to market changes. This experience sharing will effectively reduce operational risks for enterprises and increase their chances of success, thereby promoting the healthy development of the entire industry.
Significance for New Industry Participants
For new entrants to the crypto asset field, Stella Pay’s white-label service is undoubtedly a significant boon. Its one-stop solution not only lowers technical barriers but also significantly shortens the time from preparation to operation. This means that enterprises can seize market opportunities more quickly and achieve rapid business expansion.
Additionally, Stella Pay’s credit card management portal features a high degree of user-friendliness, supporting multiple languages and multi-currency payments, providing a solid foundation for enterprises’ global operations. Through this platform, enterprises can easily manage and optimize their payment systems, thereby improving user satisfaction and loyalty.
Looking to the Future
Stella Pay is committed to promoting the adoption and application of blockchain technology through its white-label service, helping more enterprises achieve innovation and development. In the future, Stella Pay will continue to optimize its services and solutions to meet the needs of different industries and enterprises, driving progress and prosperity in the entire crypto asset payment and investment field.
Through Stella Pay’s white-label service, more enterprises will have the opportunity to enter this promising market and enjoy the benefits brought by blockchain technology. Stella Pay looks forward to collaborating with more enterprises to explore and drive innovation and development in the crypto asset field, providing users with more convenient, secure, and efficient financial services.
Stella Pay is a subsidiary of the financial group Flashwire Group, which completed a $10 million Series A financing round in September 2023.