Hurupay Virtual Accounts Program
SCF #38
Build Eligible
Build
Hurupay proposes to launch a virtual accounts program for freelancers, remote workers and businesses that will leverage the USDC stablecoin on Stellar as the underlying infrastructure. The goal is to provide these users with a dedicated US account and routing number in their name to accept payroll from platforms like Deel and Remote, or payouts from services like YouTube, Spotify, and TikTok.This functionality will operate as follows: Each remote worker will have their virtual account linked to their Stellar wallet address. An employer in the US will make USD payment to the virtual account and the payment is settled into the user's wallet as USDC stablecoin. Users can then decide to hold their funds in stablecoins on their wallets or quickly and easily offramp local currency.
Project Stats
Team Size
10
Project Type
Payments
Category
Applications
Total awarded
$0*
Awarded Submissions
0
Submissions
Multi-currency accounts on Stellar
SCF #38
$150.0K
Build
Community Vote
Team Members
Philip Mburu
James Mugambi
