dLocal (NASDAQ: DLO) has announced the launch of Stablecoin Full, a stablecoin payments solution that enables global merchants to collect, convert, and pay out funds in stablecoins across more than 44 emerging markets through a single API. The announcement was made on April 21, 2026, from Montevideo, Uruguay.
The product allows merchants to accept stablecoin payments at checkout, send payouts in stablecoins, and manage treasury operations across markets in Africa, Asia, the Middle East, and Latin America. Stablecoin Full treats stablecoins as a local payment method within dLocal's existing platform, eliminating the need for merchants to build separate crypto infrastructure or navigate market-by-market regulatory complexity.
According to dLocal, the solution is designed to address challenges faced by merchants operating in high-growth economies, including multiple currencies, fragmented liquidity, foreign exchange volatility, and varying regulatory requirements. Stablecoin Full provides a single compliant infrastructure that coordinates stablecoin and fiat flows across pay-ins, payouts, treasury, and on/off-ramps within a unified reporting and reconciliation environment.
As reported by crypto.news, stablecoin transaction volume reached $1.78 trillion in February 2026 alone, reflecting the maturation of infrastructure across emerging market corridors. Stablecoins now process $27.6 trillion annually, outpacing Visa and Mastercard combined, with cross-border remittances running 60% cheaper than traditional methods.
Marcelo Dutilh, Product Lead for Stablecoins at dLocal, stated: "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. 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 high-inflation emerging markets where they are already used for remittances, savings, and e-commerce. B2B settlements using stablecoins settle instantly rather than over multi-day windows, reducing reliance on correspondent banking chains that trap capital in prefunded accounts across multiple regions.
