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By Ibis: Stablecoin Neobank & Ramp API Infrastructure
Ibis Ramp API enables developers, wallets, and businesses to fund with USDC on Stellar and settle in bolivars in Venezuela through a single API integration.
Our initial product focuses on a high-friction payment corridor: USDC-to-VES payouts for cross-border payments, remittances, contractor disbursements, treasury operations, and platform payouts into Venezuela. The API abstracts the local payout complexity required to convert stablecoin liquidity into instant local currency delivery.
This grant will support the infrastructure required to add Stellar support to the Ibis core, enable USDC transaction flows, and expose a developer-friendly API for off-ramping into bolivars. Abroad.finance is our first strategic integration path for extending these capabilities into additional corridors after the Venezuela route is established.
$60.0K
Description:
Add Stellar support to the Ibis core infrastructure so the platform can create wallets, hold USDC, and process on-chain transactions as the foundation for the Venezuela offramp API.
How to measure completion:
Wallet provisioning working for Stellar accounts
USDC on Stellar send/receive working
Transaction monitoring and balance tracking working inside the Ibis core
Internal reconciliation flow for Stellar deposits and transfers working
Technical documentation for the Stellar integration completed
Demo video published showing wallet creation and USDC transfer flow
Budget:
12000 USD
Description:
Create Ramp APIs for third party developers and companies can integrate with Ibis by funding USDC in Stellar and Off ramping into Bolivares in Venezuela
How to measure completion:
Third party developers and Businesses can integrate with Ibis' API to:
Quote endpoint available for USDC-to-VES payout estimation
Payout endpoint available for creating VES payout requests
Webhook support available for payout status updates
API docs published for authentication, quotes, beneficiaries, payouts, and webhooks
Sandbox available for third-party testing
Successful end-to-end test payouts completed from USDC on Stellar to VES
Demo video published showing the full USDC-to-VES API flow
Budget:
18000 USD
Description:
Integrate Abroad.finance as the first strategic expansion partner to extend the Ibis payout infrastructure beyond Venezuela through the same API abstraction layer.
How to measure completion:
Partner validation completed with Abroad.finance on the integration flow
Ibis unified orchestration layer supports Abroad-powered payouts
At least one additional payout corridor enabled through the Ibis API via Abroad.finance
Sandbox available for testing the Abroad-powered corridor
Successful end-to-end test payouts completed using the Abroad integration
API docs updated to include the new corridor flow
Demo video published showing the Abroad-powered payout flow
Budget:
24000 USD
CEO - Angel Rodriguez. Software engineer turned entrepreneur. Tired of the broken state of finance in his home country Venezuela, decided to start Ibis
COO - Hendry Flores. Software engineer, passionate about creating real world solutions. Leading operations at Ibis.
Myself (Angel, CEO) and Hendry (COO) are really close friends from college, having faced the challenges of being a Venezuelan and working remotely in the past for US and facing the difficulties of being paid, eventually found the implications and opportunities that blockchains and stablecoins unlock for our country, these insights is what led us to start & build Ibis.
Angel Rodriguez
No other submissions.