Gobi Partners today announced its investment in Transak, a global payments infrastructure provider enabling compliant movement between traditional currencies and stablecoins and other digital assets. The investment reflects Gobi’s conviction that regulated digital asset payment rails will play a growing role in cross-border settlement, remittances, and financial services as blockchain adoption accelerates globally.

We are delighted to announce our participation as a launch partner in the Onchain Payments Matrix introduced by Bitget Wallet.

Making global fiat-to-crypto and stablecoin rails seamless, compliant, and embedded across web3

Transak now supports EURC, Circle’s euro-denominated stablecoin. This gives our 10M+ verified users and 450+ integrated partners a direct, compliant, and simple way to buy, sell, and use EURC with local payment rails, including cards, SEPA, and bank transfers.

With Cross River’s industry-leading infrastructure, Transak scales its fiat-to-crypto on/off ramp services

Cobo’s MPC infrastructure will complement Transak’s global asset flows, including merchant acquiring and fund management.

Executive Summary

Money is moving globally faster, smarter, and with unprecedented flexibility. Stablecoins have become the backbone of modern payments, settlement, and on-chain capital flows, with robust growth fueled by institutional demand, strong regulatory frameworks, and new financial innovations.

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Transak, the stablecoin payments infrastructure behind 450+ apps globally and MetaMask’s long-time fiat onboarding partner, is now exclusively powering stablecoin onramping through MetaMask’s Deposit button, including upcoming support for MetaMask USD (mUSD), the wallet’s newly launched native stablecoin.  Starting today, September 15, MetaMask users in the US and EU will for the first time be able to purchase mUSD, as well as buy stablecoins like USDC and USDT at near 1:1 rates without leaving the app, using Transak’s white-label APIs and named IBAN capabilities. 

With $2B+ in processed volume and one of the deepest compliance stacks in the industry, Transak is building the financial rails for stablecoin-powered payments worldwide.