Vaulta to Power Cross-Border Payments for Virgo’s New Stablecoin Payments Solution
VirgoPay will use Vaulta as its default settlement layer, enabling near-instant international payments with dramatically reduced fees.
We’re thrilled to announce a strategic partnership with VirgoCX Global Holdings (Herein Virgo), a global digital asset solutions provider, and its subsidiary, VirgoPay, a global remittance network designed to transform how money moves across borders.
Vaulta will serve as the default transaction and settlement layer for VirgoPay, providing sub-second finality, low-cost transactions, and the composability needed to blend traditional finance with modern stablecoin infrastructure. Together, we’re taking a giant step toward realizing the future of Web3 Banking.
Stablecoins Meet Global Settlement Speed
VirgoPay offers a simple, intuitive on-ramp for users looking to send funds globally, whether through traditional banking methods like wire transfers and credit cards, or via crypto wallets using $USDC or $USDT. Once funds are loaded, users can choose their preferred currency and track delivery in real time.
The VirgoPay service will allow users to add funds using traditional local payment rails (E.g. bank transfers, e-transfers and card processing) or directly from a crypto wallet, and allows users to select from a range of fiat currencies. Once initialized, users can track the status of their payment in real time, with recipients able to access funds using their preferred currency once the transaction is complete.
By leveraging Vaulta’s high-throughput blockchain infrastructure, these payments settle in seconds, not days, and eliminate up to 70% of the fees typically associated with traditional remittance services. Vaulta ensures transaction finality and auditability at speeds legacy rails simply can’t match.
Solving Real Problems in Real Markets
Cross-border payments can be slow, expensive, and often inaccessible for people in regions without stable banking infrastructure. With VirgoPay, users in markets (after a phased country rollout) like Argentina, Peru, Brazil, and Chile will gain access to faster, cheaper, and more secure financial rails, backed by stablecoins that mitigate volatility and ensure value preservation.
“In addition to being very costly and slow, cross-border payments have always relied on access to traditional banks or financial institutions, which often isn’t an option in areas that lack that necessary and widely available infrastructure,” said Yves La Rose, founder and CEO of Vaulta Foundation. “Virgo is tackling this problem head on by leveraging the power of stablecoins, while also acting as the first true proof-of-concept for our chain’s new focus around the evolution of finance. The VirgoPay network stands as the first testament to the Vaulta Banking OS framework our team has perfected over years of iterations, and is step one in realizing our vision of Web3 Banking.“
From Canada to the World
The first rollout of VirgoPay will connect key global corridors, including the United States, Hong Kong, Canada, Argentina, Brazil and Australia. Phase two will expand into additional markets across South America and the Middle East, addressing a remittance industry projected to exceed $1 trillion in volume by 2029.
Vaulta’s role in this system is clear: to offer the speed, transparency, and programmability needed to make cross-border payments truly borderless.
“Vaulta’s vision about Web3 Banking is aligned very well with Virgo’s vision ‘make crypto great for all’. Leveraging stablecoins for payments is going to be the first killer application for DLT. VirgoPay is thrilled to partner with Vaulta to achieve its global mission to make money flow freely and easily,” said Adam Cai, CEO of Virgo.
Virgo, the experienced digital asset solutions expert behind VirgoPay, stands as one of the premiere crypto service providers in Canada with fast-growing presence in the United States and Australia. It has processed over $2.5 billion CAD in transactions across all business lines. For 2025, it expects to process an annual record of CAD$ 3.5 billion in transactions, signaling exponential growth and additional mainstream adoption of crypto from its global user bases.
What’s Next
The VirgoPay launch is scheduled for May (subject to change and final confirmation). As this partnership evolves, it will serve as a model for how real-world financial tools can be built on decentralized infrastructure that is fast, secure, and ready for institutional scale.
Vaulta is proud to be at the heart of this transformation, where financial access is no longer limited by geography or legacy infrastructure.
Stay tuned for more on VirgoPay updates as Vaulta continues to power the new frontier of Web3 Banking.
About Virgo
Virgo (virgo.co) is a global comprehensive digital asset solutions provider which owns and operates multiple OTC desks and retail spot exchanges in APAC and North America, as well as a fully regulated Canadian digital Asset management firm. Virgo’s mission is to bridge the gap between digital currencies and traditional finance services with a full suite of innovative products and client-first services targeting financial institutions, high net-worth individuals, retail investors and family offices.
About Vaulta
Vaulta is a highly scalable, high-performance Banking Operating System designed to empower developers and enterprises with unmatched speed, reliability, and flexibility. As a gateway to the Bitcoin ecosystem and a pioneer in decentralized data management through RAM markets, Vaulta is redefining financial infrastructure by bridging Web3 banking with institutional-grade performance. Built on a dynamic and flexible infrastructure, Vaulta enables customizable virtual environments, like Vaulta EVM and exSat, to deliver full data availability and seamless inter-blockchain communication. With zero downtime, instant finality, and one of the lowest transaction costs in the market, Vaulta will unlock the next financial frontier – Web3 Banking.
