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Ola pessoal!
This week’s episode is with Lumx co-founder and CEO Caio Barbosa.
We discuss Lumx’s transformation from an NFT and Web3 branding studio, to a tokenization shop to providing cross-border stablecoin payments infrastructure for enterprises.
Backed by BTG Pactual, Lumx is now one of the most exciting startups operating in B2B crypto adoption in the region.
Barbosa's journey began in 2021-22 during the NFT boom, when Lumx was launched to helping enterprises adopt blockchain infrastructure through Web3-as-a-service offerings. However, as market dynamics shifted, the team pivoted its infrastructure to focus on RWA tokenization, before ultimately landing on cross-border payments with stablecoins.
The decision to focus on stablecoin payments wasn't arbitrary. As Barbosa explains:
"99% of the demand that was coming was to use our infrastructure for payments."
Key Market Opportunities in B2B Stablecoin Adoption
We explore several areas where B2B stablecoin infrastructure is seeing immediate demand and value creation.
Treasury Management
Global companies can now maintain unified dollar-based treasuries using stablecoins instead of managing multiple bank accounts across jurisdictions
Enables more efficient capital allocation with on-demand payouts when needed
Potential for yield generation on stablecoin balances
Import/Export Efficiency
Brazil's significant trade relationships with China and Southeast Asia present massive opportunities
Chinese exporters are already comfortable with stablecoin payments
Eliminates traditional banking delays and reduces transaction costs
Corporate Cards and Global Accounts
Despite Brazil's robust fintech ecosystem, international corporate card solutions remain underserved
Partnerships like Ramp's recent collaboration with Stripe demonstrate market validation
Addresses growing demand from globally distributed teams and contractors
Merchant Settlement Innovation
E-commerce marketplaces and freelance platforms are adopting stablecoin settlements
Accelerates payment processing from days to minutes
Reduces costs for cross-border marketplace transactions
Payments OS
Ultimately, Lumx’s focus is on creating a complete "operating system" for global payments that extends beyond basic transactions to include automated reporting, compliance tools, and seamless API integration that enables businesses to use the service without delay.
I enjoyed this conversation with Caio and I hope you do as well. You can connect with him on Linkedin.
-AWS
Brazil Crypto Report is presented by
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