dLocal (NASDAQ: DLO) has launched Stablecoin Full, a stablecoin payments solution that enables merchants to collect, convert, and pay out funds in stablecoins across more than 44 emerging markets through a single API.
Summary
- Stablecoin Full allows global merchants to accept stablecoin payments at checkout, send payouts in stablecoins, and manage treasury operations across 44-plus markets through one integration.
- The product treats stablecoins as a local payment method within dLocal’s existing platform, removing the need for merchants to build separate crypto infrastructure or manage market-by-market regulatory complexity.
- The launch was announced on April 21, 2026, from Montevideo, Uruguay, with Marcelo Dutilh, Product Lead for Stablecoins at dLocal, credited as the product lead.
dLocal stablecoin payments went live on April 21 when the company announced the launch of Stablecoin Full, a product designed to let global merchants accept, convert, and pay out funds using stablecoins across high-growth economies in Africa, Asia, the Middle East, and Latin America. Merchants operating across these markets have historically faced a combination of multiple currencies, fragmented liquidity, foreign exchange volatility, and different regulatory requirements in each country.
dLocal Stablecoin Full Positions Stablecoins as a Standard Local Payment Method
Stablecoin Full provides a single compliant infrastructure through which merchants can accept stablecoins at checkout, choose settlement in either USD or stablecoins, send payouts globally in stablecoins, convert between local currency and stablecoins, and manage reporting and reconciliation across all flows in one integration. The offering is aligned with dLocal’s broader “One dLocal” model, where merchants use a single API, platform, and contract to access local payment capabilities across multiple markets without managing separate local entities. As crypto.news reported, stablecoin transaction volume hit $1.78 trillion in February 2026 alone as infrastructure across emerging market corridors continues to mature. “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.”
The Compliance and Infrastructure Layer Behind the Product
The solution is designed to align stablecoin flows with local regulations, data requirements, and compliance standards in each market where dLocal operates. According to dLocal, the infrastructure coordinates stablecoin and fiat flows across pay-ins, payouts, treasury, and on/off-ramps within a unified reporting and reconciliation environment. As crypto.news documented, companies deploying stablecoin payments across multiple jurisdictions typically rely on providers that handle payment processing, identity verification, regulatory compliance, and conversion between fiat and stablecoins through a single infrastructure layer. “Stablecoins are moving from experimental to real payment infrastructure,” Dutilh added. “Our merchants don’t want to become crypto experts or navigate regulation market by market. They want a single partner that handles that complexity for them. That’s exactly what dLocal provides.”
Why Stablecoins Are Gaining Traction in High-Inflation Emerging Markets
Stablecoins have found particular traction in high-inflation markets where they are already used daily for remittances, savings, and e-commerce. As crypto.news tracked, stablecoins now process $27.6 trillion annually, outpacing Visa and Mastercard combined, with cross-border remittances running 60% cheaper than traditional methods and B2B settlements settling instantly rather than over multi-day windows. For merchants selling into emerging markets, the shift to stablecoin rails reduces dependence on correspondent banking chains that trap capital in prefunded accounts across multiple regions. dLocal said Stablecoin Full is designed to work alongside existing local payment methods rather than replacing them, extending the company’s infrastructure into digital asset flows without requiring merchants to adopt a separate system.