Delivering Stablecoin Payments with Operational Simplicity and Built-In Security

Client Overview

The client is an independent website builder platform serving cross-border merchants. Its core business is helping merchants quickly build branded official websites across multiple global markets, while enabling key foundational infrastructure such as payments and logistics. Through its proprietary collection system, the platform supports multi-currency and multi-channel payment acceptance.

Business Challenges

As emerging markets such as Latin America, the Middle East, and Southeast Asia continue to grow, local consumers are increasingly holding and using stablecoins like USDT and USDC for everyday spending. However, the platform and its merchants faced several challenges:

• High costs and slow settlement through traditional cross-border channels: Multiple routing layers and FX conversion steps increase overall costs. In some regions, local currency volatility, long settlement cycles, and inconsistent reliability further undermine payment performance.

• Demand for stablecoin acceptance without in-house build: Developing on-chain wallets, custody infrastructure, risk control systems, and compliance frameworks internally requires significant investment and long implementation timelines, while also introducing high regulatory uncertainty.

• Need for a unified operations and reconciliation interface: The platform requires both its existing fiat payment methods and digital asset payment methods to be enabled, managed, and reconciled through a single backend system.

Against this backdrop, the platform decided to establish a deep partnership with Cobo and adopt Cobo’s stablecoin payment solution.

Cobo’s Solution

Cobo provides a stablecoin payment solution that can be embedded directly into the platform’s existing payment stack. The solution comprises three core components:

• Secure custody and permission controls: Stablecoin assets are custodied within Cobo’s wallet infrastructure. Multi-party controls, approval workflows, and comprehensive audit logs elevate asset management from individual actions to institutional governance, supporting compliance audits and full-lifecycle risk management while maintaining a continuous record of zero security incidents.

• End-to-end API automation: Order creation, payment address generation, on-chain settlement monitoring, and payment status callbacks to the platform’s order system are fully automated via APIs. Exceptions such as timeouts or amount discrepancies are handled within closed-loop workflows, eliminating the need for merchants to manually reconcile on-chain transactions.

• Unified access to multiple chains and stablecoins: The solution supports major public blockchains and leading stablecoins, which can be enabled flexibly based on business requirements. Buyers select the network and stablecoin at checkout, while the platform aggregates and manages funds centrally in the backend.

Results and Impact

• More consistent and frictionless payment experience: With Cobo’s Payments API, merchants can enable stablecoin payments with a single action from the platform dashboard. Buyers transact using familiar stablecoins in local markets, driving higher payment conversion and improved transaction efficiency.

• Stronger product differentiation and ecosystem positioning: By integrating stablecoin payments directly into its core payment workflows, the platform achieves coordinated on-chain and off-chain support, strengthening its competitive position in cross-border website building and global payment enablement.

Improved cost predictability and operational efficiency: Cobo’s Payments API adopts an all-inclusive pricing model that converts gas fees, which would otherwise scale linearly with transaction volume, into a single fixed cost. This removes cost compounding in high-frequency payment scenarios and materially lowers operating expenses. At the same time, reduced settlement layers and fewer FX conversions accelerate fund repatriation and ease working capital constraints.