Stellar Community Fund

Bexo Wallet — USDC Payments, Cross-Border Transfers & QR Merchant Payments for Latin America

SCF #43

Description

Bexo Wallet is a consumer stablecoin wallet built for Latin America, where inflation rates above 100% make saving in local currency financial self-harm, and where sending money across borders costs 5–8% in fees.

We're integrating Stellar to power two core use cases:

1. Cross-border USDC transfers: A user in Argentina sends $50 USDC to family in Mexico. It arrives in 5 seconds for less than $0.001 — not 3 days and 8% fees.

2. QR merchant payments: Latin America already runs on QR codes (PIX, Mercado Pago, CoDi trained 300M people to pay by scanning). Bexo adds an open, USDC-denominated QR layer on top: merchants gets fiat, customers pays with USDC with Bexo Wallet.

Our objective: make USDC payments in LATAM as easy as sending a WhatsApp message — with Stellar as the settlement rail.