Announcing Trace Finance

The company is transforming how businesses move money in Latin America by giving instant access to local payment rails and seamless stablecoin on/off-ramps. By combining Trace Finance’s payment engine with Dfns’ enterprise wallet infrastructure, the partnership delivers a secure, scalable, and compliant standard for finance in the region.

Trace Finance, an operating system for cross-border payments

For businesses in Latin America, moving money across borders has always been slow and painful. Transfers rely on opaque banking networks, take days to settle, and often freeze when volumes spike. This traps capital and piles up operational costs.

That’s the problem Bernardo Brites (ex-Decred, Transfero), Rafael Luz (ex-Transfero), and Leone Parise (ex-Binance, Trust Wallet) set out to fix. With backgrounds in crypto, FX, and banking tech, they turned a fragmented manual process into programmable infrastructure. They knew the pain firsthand. Sending money from Brazil meant endless paperwork, unpredictable bank approvals, and the SWIFT “black box,” where a payment could bounce between half a dozen banks with no visibility.

Their answer was Trace Finance. It’s an API-first platform that acts as a modern financial operating system for the region. Today it processes over $5 billion by working directly with banks and offering stablecoin on/off-ramps, making cross-currency and crypto settlements nearly instant. With this unified infrastructure, fintechs, exchanges, and marketplaces can move value between fiat and crypto seamlessly, and on/off-ramp in Brazil and across LatAm without needing a local entity.

What makes Trace Finance stand out

• One API for LATAM: A single integration gives developers access to PIX, FX conversions, and corporate accounts, no need to deal with backend complexity.
• Built for scale: The platform is designed for high volumes, growing 41x year over year by automating compliance and avoiding the freezes that slow down legacy banks.
• Crypto and fiat: Direct stablecoin rails sit alongside local payments, cutting FX costs, speeding up settlements, and simplifying treasury for global businesses.
• Trusted by leaders: Billions in transactions already flow through Trace Finance, relied on by dLocal, Bitso, OKX, and other major players for speed and reliability.

Why Trace Finance chose Dfns as their wallet infrastructure

As Trace Finance grew to billions in cross-border flows, they needed wallet infrastructure that could handle multichain stablecoins, tight compliance, and automated operations without slowing them down.

Dfns provides Trace with:

• Wallets for USDC, USDT, and more across Ethereum, Stellar, Solana, and 50+ other chains
• Programmatic orchestration for secure, automated, compliant transaction workflows
• Fine-grained address management, reconciliation, and tamper-proof audit logs
• Enterprise-grade security with SOC 2 / ISO 27001, encrypted backups, MFA, and policy controls
• Developer-friendly integrations and flexible deployments with minimal overhead

With advanced MPC key management, a multichain API platform, and enterprise-grade controls, Dfns helps Trace Finance secure and scale instant settlement across fiat and crypto rails. The result: strong security, smooth automation, and reliable compliance without blocking innovation.

Like Dfns, Trace Finance is shaping a future where finance is open, programmable, and accessible making cross-border flows in emerging markets faster, fairer, and more efficient. If you’re building payment apps, stablecoin infrastructure, or cross-border products and need reliable wallet APIs, let’s talk.

Start building: https://app.dfns.io/get-started