Hifi
“Can stablecoin-native infrastructure displace traditional wire/correspondent-banking rails for B2B cross-border payments and marketplace money movement?”
The original Hifi (2020) was a music-industry fintech that aggregated royalty income and offered royalty acceleration; it was acquired by Block in October 2023. HiFi Bridge, Inc. is a separate entity (founded 2022) that built stablecoin infrastructure for businesses — offering APIs for KYC/KYB, fiat-to-stablecoin conversion, wallet management, and cross-border/marketplace payment flows using USDC. Circle publicly lists HiFi as a customer, confirming its USDC/stablecoin rails. The company is positioning as a B2B infrastructure layer enabling any platform to move money globally via stablecoins.