The money-movement stack
Five layers, edge to edge — follow the money from a bank account onto a chain, across borders, into yield, and out to spend. Use the sidebar to jump between layers and companies.
The five layers
Every company, by layer
Ramp Network
A clean, trusted on/off-ramp you can embed.
Embeddable fiat ⇄ crypto widget + iOS/Android apps.
rampnetwork.comMoonPay
The consumer-recognized way to buy, sell, and swap crypto.
Embeddable fiat ⇄ crypto on/off-ramp (buy, sell, swaps) via widget, SDK, or API; NFT checkout + merchant/commerce stack.
moonpay.comTransak
Developer-first ramp with the widest local rails.
White-label embedded on/off-ramp; widget + SDK, Transak One (fiat→smart-contract in one tx), and address-based 'Stream' off-ramp.
transak.comCoinbase Onramp
Zero-fee USDC ramp from a public, regulated exchange — embeddable as a URL, a component, or an API.
On/off-ramp delivered as a hosted buy/sell URL, drop-in React components, or a headless REST API.
coinbase.comBridge
Stripe for stablecoins.
API to move / store / accept / pay out stablecoins, issue your own stablecoin (Open Issuance / USDB), and provision Visa cards.
bridge.xyzBVNK
Enterprise-grade stablecoin payment infrastructure — now Mastercard's on-chain rail.
Enterprise stablecoin payments: payins/payouts, virtual accounts, embedded wallets, and Layer1 self-custody settlement infrastructure.
bvnk.comSphere
An operating system for cross-border money movement.
Cross-border payments API (“stablecoin sandwich”), white-label SDKs, SphereNet ledger.
spherepay.coRain
On-chain card issuing that settles to Visa in stablecoins.
Stablecoin-backed Visa card issuing — full-stack API for partners to ship cards that spend directly from on-chain stablecoin collateral.
rain.xyzMural Pay
Global accounts. Real-time payments. One API.
Global stablecoin accounts (GSAs) + payments API: payins, payouts, invoicing; bulk payouts (up to 350 per request).
muralpay.comConduit
Cross-border B2B payments on stablecoin rails — an alternative to SWIFT.
One API + no-code treasury dashboard to move money across stablecoins, USD, and local currencies — cross-border B2B payments as a SWIFT alternative.
conduitpay.comBVNK
Enterprise-grade stablecoin payment infrastructure — now Mastercard's on-chain rail.
Enterprise stablecoin payments: payins/payouts, virtual accounts, embedded wallets, and Layer1 self-custody settlement infrastructure.
bvnk.comSphere
An operating system for cross-border money movement.
Cross-border payments API (“stablecoin sandwich”), white-label SDKs, SphereNet ledger.
spherepay.coMural Pay
Global accounts. Real-time payments. One API.
Global stablecoin accounts (GSAs) + payments API: payins, payouts, invoicing; bulk payouts (up to 350 per request).
muralpay.comConduit
Cross-border B2B payments on stablecoin rails — an alternative to SWIFT.
One API + no-code treasury dashboard to move money across stablecoins, USD, and local currencies — cross-border B2B payments as a SWIFT alternative.
conduitpay.comFélix Pago
Remittances over WhatsApp, settled in stablecoins.
Stablecoin-funded remittances sent through an AI assistant inside WhatsApp.
felixpago.comEthena
A synthetic dollar backed by crypto and a basis trade, not banks.
USDe (delta-neutral synthetic dollar) + sUSDe (yield) + USDtb (T-bill stable) + iUSDe (institutional).
ethena.fiOndo Finance
Tokenized US Treasuries, and the rails to trade them.
Tokenized US Treasuries — USDY (yield-bearing note) & OUSG (BlackRock-backed fund) — plus Ondo Chain, an L1 for RWAs.
ondo.financeMountain Protocol
A regulated, yield-bearing dollar that rebases daily — now wound down post-Anchorage.
USDM — a regulated, T-bill-backed yield-bearing stablecoin that rebases daily; wUSDM — its non-rebasing ERC-4626 wrapper.
mountainprotocol.comSky (ex-MakerDAO)
The decentralized dollar, rebranded from Maker/DAI.
USDS stablecoin + sUSDS savings (Sky Savings Rate) + SKY governance; Spark as the first Star.
sky.moneyRain
On-chain card issuing that settles to Visa in stablecoins.
Stablecoin-backed Visa card issuing — full-stack API for partners to ship cards that spend directly from on-chain stablecoin collateral.
rain.xyzFélix Pago
Remittances over WhatsApp, settled in stablecoins.
Stablecoin-funded remittances sent through an AI assistant inside WhatsApp.
felixpago.comEther.fi
The DeFi neo-bank built on restaking.
Stake (savings) + Liquid (invest) + Cash (crypto credit card, launched Apr 2025).
ether.fiRevolut
The fiat-native super-app bolting on stablecoin rails.
Consumer super-app: accounts, cards, FX, investing, crypto (Revolut X), staking, stablecoin conversion — plus Revolut Business with a real public API.
revolut.comNubank
LatAm's banking giant, putting a yield-bearing dollar in 131M pockets.
LatAm digital bank with in-app crypto trading (Nubank Cripto) and 4%-yield USDC rewards on top of core banking + Pix.
nubank.com.brUR Global
A Swiss-licensed, on-chain neo-bank built around USDe.
On-chain neo-bank: Swiss IBAN + multi-currency fiat/crypto account, native Ethena USDe yield, and (soon) Mastercard spend — plus a banking-as-an-API offering.
ur.appOn the radar
Names worth adding next. Promote one into the map once it's researched.
L1 — Ramps & aggregators
- Onramper
- Stripe Onramp
- Paybis
L2 — Infra & issuance
- Circle
- Tether
- Brale
- Paxos
- Iron
L3 — Cross-border / payouts
- dLocal
- Alfred
- RedotPay
L4 — Synthetic dollars
- Hashnote (USYC)
- BlackRock (BUIDL)
- Usual (USD0)
L5 — Neo-banks
- Chime
- Monzo
- N26
- Cash App
- Coinbase
Platform layer
- Visa
- Mastercard
- Circle
- Stripe