Core Product is a Checkout widget that connects you to the two following services:
Bank Ramps: This product enables near instant fiat to crypto on/off ramping through local bank accounts across key geographies in Latin America. What Problem it Solves, How it solves, and audience: This product provides a solution to the fragmentation of access from crypto to bank accounts across important geographies in Latin America. We solve this by providing a simple widget powered by SEP 24 which gives users direct connection from on chain stellar USDC to their local bank accounts. The audience this is catered to is folks inside of the Latin America banking system who want to interact with USDC and DeFi ecosystems from their local accounts. How it uses Stellar: This widget is powered by SEP 24.
Cash Ramps: This product enables cash to crypto on/off ramping catered towards the underserved/underbanked in the Latin American Region. With a total of 100,000 physical locations via retail stores and ATM's, alfred is becoming a true alternative to MoneyGram Access. What Problem it Solves, How it solves, and audience: Over 70% of Latin America is unbanked or underbanked meaning that main use cases that are very attractive for the region such as crypto powered remittances and borderless USD accounts are unaccessible for the folks who need it most. Our cash ramps product caters to this demographic enabling them to access crypto and Stellar USDC products without the need of being banked. How it uses Stellar: This widget is powered by SEP 24. With the support of the SCF we will be able to develop and launch these products in Mexico, Guatemala, Dominican Republic.
