dLocal introduces API for stablecoin pay-ins, payouts

By Aarav Garg

dLocal has launched Stablecoin Full, a new solution enabling merchants to collect, convert and pay out funds using stablecoins across emerging markets.

The offering has provided a single API through which merchants can accept stablecoins, settle transactions in digital assets or US dollars, and manage treasury operations across more than 44 markets. The launch has addressed challenges faced by businesses operating in emerging economies, including fragmented payment systems, foreign exchange volatility and varying regulatory environments.

“Emerging Markets are where the next wave of digital consumers is coming from, but moving money in and out of these economies is still complex,” said Marcelo Dutilh, Product Lead for Stablecoins at dLocal. “With Stablecoin Full, we treat stablecoins as just another local payment method inside dLocal’s platform. Merchants get the benefits of faster, more flexible rails, without having to manage crypto infrastructure or regulatory complexity.”

Stablecoins have gained traction in these markets as an alternative payment rail, particularly in high-inflation economies where they are used for remittances, savings and e-commerce. dLocal’s solution has integrated stablecoins with existing local payment methods, allowing merchants to operate across both digital and fiat systems within one infrastructure.

Through Stablecoin Full, merchants can accept stablecoins at checkout, convert between local currencies and digital assets, and send cross-border payouts using stablecoins. The platform also provides unified reporting and reconciliation, alongside compliance features aligned with local regulatory requirements.

The system has been built on dLocal’s existing payments infrastructure and compliance framework, enabling orchestration of both fiat and stablecoin flows across pay-ins, payouts and on- and off-ramps.

The launch reflects growing demand for flexible settlement options in cross-border commerce, as businesses seek faster and more efficient ways to move funds internationally while managing regulatory risk in diverse markets.