PEXX

Access to USD or stablecoins is limited in many emerging markets due to local banking restrictions and liquidity challenges. PEXX partners with regulated local PSPs to allow users to deposit local fiat and convert it seamlessly into digital dollars. This makes it easy for anyone to acquire digital dollars through familiar payment methods, expanding financial access, enabling savings protection, and helping users participate in global digital economies.

Most users outside the U.S. cannot open USD-denominated accounts. PEXX provides virtual USD accounts powered by stablecoin settlement, enabling users to receive funds globally and convert balances instantly into digital dollars. This unlocks stable USD access, cross-border earning opportunities, and simple global money movement without requiring a traditional banking relationship.

Holding stablecoins rarely generates yield for everyday users. PEXX allows users to earn interest on their stablecoin balances by allocating funds into tokenized U.S. Treasury Bills via regulated partners. This creates a safe, transparent way for users in emerging markets to access USD-denominated yield—something often unavailable through local banks. It enhances the utility of digital dollars and provides meaningful financial inclusion for users seeking stable returns.

Businesses operating across multiple countries face friction when moving working capital due to long settlement times and costly international wires. By using stablecoins as a settlement asset, PEXX enables companies to consolidate liquidity and transfer funds instantly across regions. This improves treasury efficiency, lowers costs, and provides a transparent, programmable asset for global operations.

Many users earn or hold stablecoins but struggle to use them for everyday spending. PEXX bridges this gap by offering a stablecoin-backed debit card - compatible with Apple Pay and Google Pay - that lets users spend their digital dollars anywhere major cards are accepted. In addition, PEXX enables users to convert stablecoins into local fiat instantly to pay at domestic QR payment networks (i.e., QRIS, PIX, VietQR, etc.) across multiple countries. This unlocks real-world utility, allowing users to tap, scan, or swipe using a single digital dollar balance, transforming stablecoins into a practical payment method for daily life.

Traditional remittance providers charge high fees and require long settlement times. PEXX uses stablecoins as the settlement currency to enable low-cost, near-instant transfers from one country to another. Users can send funds internationally at a fraction of the cost, and recipients can off-ramp into local fiat quickly through PEXX’s local partners. This greatly improves accessibility for migrant workers, freelancers, and families who rely on cross-border payments.