Stellar Community Fund

By Alfred

Alfred Pay

SCF #9

$215.0K

Legacy v3.0 Award

Awarded

An easier way to send and receive money cross border

Products & Services

Alfred Pay App (Wallet): The Alfred pay app is a product that provides users with the ability to send and receive their remittances directly from their mobile devices. (iOS + Android)

- Receive USDC in 4-6 seconds: Give users the ability to store funds in Dollars regardless of where they are. Option to send USDC directly to an Alfred username, e.g., @diegoy. - Send directly to a local bank account: The recipient doesn't need to have a wallet to receive! Avoid high wire costs and send right to their bank account. - ATM withdrawal feature: Part of the largest ATM network in the DR. Alfred users simply have to locate the nearest ATM and withdraw their pesos in exchange for USDC. - Create a profile + Add and invite friends and family. - Compare sending costs in real-time vs. other remittance providers.

Alfred Stellar Anchor (United States, Haiti, Dominican Republic): Building compliant crypto to FIAT off-ramp in the Dominican Republic and Haiti to allow users to access cash in exchange for USDC.

Building Instant ACH On/Off ramp in the United States with PrimeTrust to on-ramp stellar USDC instantly as well as users in a compliant environment.

USAD Stablecoin on Stellar Network: Build United States Alfred Dollar, a wrapped USDC token on the stellar blockchain. Through our stable coin offer 7% high yield account through future partnership and integration with the wyre savings wallet.

Bill Payment Feature (Phone and Power): In allegiance with local phone providers allow individuals to pay their families’ bills directly through the Alfred app.