Stablecoin infrastructure provider Blockradar has processed more than $1 billion in transaction volume, marking a major milestone in the company’s expansion across global fintech markets.
The company said its infrastructure now supports hundreds of fintech businesses across more than 20 countries, enabling them to build and operate financial products using stablecoin technology.
Blockradar said the milestone reflects the growing use of stablecoin infrastructure for a range of financial activities, including cross-border supplier payments, international remittances and transactions between stablecoins and local currencies.
The infrastructure is also being used by companies developing financial products in markets where traditional financial infrastructure has faced limitations.
Blockradar said its growth began with the goal of building scalable stablecoin infrastructure and has since expanded into a platform supporting fintech companies across multiple markets.
The company credited its customers and partners for contributing to the milestone and for trusting its infrastructure to support their financial products and services.
