We enable businesses to
adopt financial innovation
RocketFuel has launched its blockchain based stablecoin settlement and conversion solution, enabling European eCommerce merchants the flexibility to get access to liquidity 24/7 including weekends and holidays and at the same time reducing costs and operational complexity.
At RocketFuel we believe that every business, eCommerce as well as in-store businesses, will eventually become digital asset and blockchain based payment businesses accepting and storing both private and governmental digital stablecoins and other tokens including CBDCs (Central Bank Digital Currencies).
By providing the merchants with a frictionless, seamless and cost-effective stablecoin settlement and conversion solution, we are accelerating the transition to such a 100% secure blockchain based digital ecosystem moving away from the old legacy financial regimes with slow, costly, clunky and non-secure settlement methods.
Benefits for Merchants
Settle instantly in stablecoin at any time
Full flexibility, get paid in fiat and settled in stablecoin 24/7 – or vice-versa. Our funding flows are built for Global Businesses at anytime, anywhere.
Stablecoins at a glance
Stablecoins are a form of cryptocurrency. Their value is pegged to another currency, such as the EUR or USD so they can usually be exchanged one-to-one for the non-cryptocurrency in questions. As swings in crypto prices occur, this feature allows businesses and consumers to use crypto for regular payments, allowing the value of goods exchanged to remain stable even as crypto prices fluctuate. At the same time, payments using stablecoins are still fast, transparent, and secured on the blockchain.
Simply put: stablecoins allow people to use crypto, without worrying about the extreme price volatility many cryptocurrencies incur.
Making instant settlement
a reality with stablecoins
Over the last decade and especially over the last couple of years, blockchain technologies, including crypto payments and DeFi, have developed to become an important part of the corporate landscape and payment ecosystem.
The security using blockchain technologies and the ability to move values instantly and extremely cost-effective has a revolutionary positive impact on Global Businesses cash-position.
Global Businesses operates around the clock and in multiple geographies and yet the old traditional financial systems these businesses rely upon remain bound by rigid regional-dependent timetables, corresponding bank rails, clunky and expensive SWIFT transfer system dating back to the 1970s.
The old legacy bank transfer systems is a mismatch that traps liquidity and prevents businesses from having the flexibility to tailor their cash flow management strategy to their unique business model and needs. As a result, businesses often find themselves unable to redirect capital to urgent opportunities, buy assets at the right price, or plan forward with certainly over cash flow.
Despite the utility of crypto to solve these issues, many businesses are yet to take action, which mainly is due to concerns about price volatility and the risk of assets on the balance sheet regularly facing double-digit losses or gains overnight – which is believed to prevent large-scale adoption.
At RocketFuel, we believe fully collateralized and redeemable fiat-pegged stablecoins provide the answer. These make 24/7 settlement a reality while also mitigating the risk of volatility, giving businesses the freedom to move value 24/7/365 across blockchain ecosystems in a 100% secure environment.
Providing businesses access to liquidity around the clock and giving them the full control of the flow of value – not having cash trapped in the old legacy banking system – holds tremendous possibilities and benefits for all kind of businesses.
Some of the more obvious benefits for merchants to introduce Stablecoin settlements and payments include:
Faster Settlement
Legacy problem: The fiat world is defined by settlement time windows and complexities of the existing clearing, settlement and correspondent banking system, creating bottlenecks and friction for businesses looking to settle funds fast.
RocketFuel solution: Stablecoins remove these points of friction and bottlenecks, allowing businesses to access working capital fast with the near-instant settlement of fiat transactions in stablecoin, rather than the need to wait multiple days.
On-chain Settlement
Legacy problem: Web3 businesses have complicated contracts, setups, expensive tariffs and provider fees with off-chain intermediaries that take operational and engineering resources to build and maintain.
RocketFuel solution: With on-chain stablecoin settlement, businesses can reduce their operational overheads using a single platform to get reliable, cost-effective settlements at scale.
Borderless Currency
Legacy problem: The fiat world is fragmented, forcing businesses to work with fiat intermediates across different regions and settlement time windows that make the availability of liquidity location dependent.
RocketFuel solution: With stablecoin settlement, businesses benefit from frictionless value exchange domestically and cross-border, adding liquidity where needed while reducing high cross-border and FX costs.
Go live in new markets
Legacy problem: It often takes businesses significant time and effort to onboard new partners that allow them to receive and hold fiat settlements in new markets.
RocketFuel solution: With our platform and stablecoin settlement capabilities, we give businesses access to a global infrastructure to support them as they scale.
Financial Inclusion
Legacy problem: It is increasingly difficult for businesses to get bank accounts and have access to the international banking transfer systems, thereby preventing those businesses to operate at scale.
RocketFuel solution: We help and empower business to get access to the financial system using the blockchain based rails ensuring that those businesses are not left behind in the innovating and rapidly evolving new financial ecosystem.
Stablecoins will change how we pay for everything
The benefits of stablecoins, are also clear to most governments, and in general it is believed that stablecoins will change how we pay for everything. As buying digitally becomes ever more embedded in our lives, stablecoins offer an affordable, stable, and easily accessible way for consumers and businesses to move value globally, today and in the future.
At RocketFuel it is a clear part of our mission to enhance the widespread and adoption of crypto-currencies including USDT, USDC and eEUR stablecoins, and we have now launched a pilot project selling eEUR stablecoin on our Shop, which can be found here.
