“Can a LatAm-licensed financial institution become the default BRL<>stablecoin and multi-currency infrastructure layer for global fintechs operating in Brazil?”
Trace Finance positions itself as payments and stablecoin infrastructure for Brazil and LatAm, converting BRL to stablecoins via PIX and offering multi-currency accounts (BRL, USD, EUR) to crypto exchanges, global fintechs, and companies expanding into Latin America. It operates as a licensed local financial institution and acts as a payout/on-ramp partner inside broader stablecoin orchestration networks.
Trace Finance discloses Trace Finance (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Trace Finance does not disclose a bank charter of its own; its banking services are provided through Trace Finance (in-house).
Trace Finance processes payments through PIX (self-operated) and Trace Finance stablecoin payments (self-operated). Disclosed money-movement rails: Pix.
Trace Finance uses Trace Finance (in-house) for FX and cross-border payouts.
Trace Finance's crypto products run on Trace Finance (in-house).
The Embedded Finance Index 2026 maps 5 layers in Trace Finance's stack: Payments / PSP (PIX (self-operated) and Trace Finance stablecoin payments (self-operated)); Money movement (Pix); Banking / BaaS (Trace Finance (in-house)); FX & payouts (Trace Finance (in-house)); Crypto (Trace Finance (in-house)).
Trace Finance is headquartered in Brazil.
Trace Finance has raised $4.3M in total (latest round: Seed).
Get a read on where your own stack stands against Trace Finance and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.