Seamless Fiat-Crypto Settlements with Interledger Protocol
Connect traditional finance and cryptocurrency networks with our ILP settlement system. Real-time cross-border payments with lower fees and reduced fraud risk.
Key Benefits of Fiat-Crypto ILP Settlement
Our ILP settlement system offers significant advantages over traditional payment networks
Real-time Cross-border Settlements
No need for SWIFT or banking delays. Settle payments instantly across borders.
Lower Transaction Costs
Avoid high card network and bank fees with our efficient settlement system.
Access to DeFi
Merchants can settle in stablecoins or native crypto assets, accessing decentralized finance.
Reduced Fraud Risk
Crypto transactions are irreversible, preventing chargeback fraud common in traditional payments.
Multi-asset Interoperability
ILP allows seamless transitions between fiat, crypto, and digital wallets.
Global Accessibility
Connect with financial institutions worldwide through our ILP network.
How It Works in a Real-World Scenario
Our ILP settlement system bridges traditional finance and cryptocurrency networks
User Makes a Purchase
Pays with fiat (bank transfer, card, PayPal) or crypto (BTC, ETH, USDT).
ILP Routes the Transaction
Connectors validate and facilitate atomic settlement across different ledgers.
Crypto Conversion (if needed)
Fiat is converted into crypto (or vice versa) at the best available rate.
Merchant Receives Settlement
Either in crypto (immediate) or fiat (bank processing time applies).
What is an ILP Connector?
An ILP (Interledger Protocol) Connector is an intermediary node that facilitates transactions between different ledgers
How an ILP Connector Works
Receives Payment from Sender
The connector takes an incoming payment from one ledger (e.g., a bank account, blockchain wallet, or mobile money).
Routes Payment to the Next Ledger
The connector forwards the payment to the next ledger, ensuring atomic (all-or-nothing) settlement.
Applies Exchange Rate & Fees
If the payment involves different currencies or asset types, the connector converts the value based on the best available rate.
Ensures Atomic Settlement
Uses cryptographic conditions to ensure that the payment only completes if all parties in the transaction chain agree.
Types of ILP Connectors
Public Connector
Open to any user, facilitates general payments across different ledgers.
Private Connector
Used by specific financial institutions or businesses to route their own payments.
Liquidity Provider
Holds liquidity in multiple currencies/assets and offers exchange services.
Crypto-Fiat Bridge
Converts between fiat and cryptocurrencies, enabling seamless movement between banking systems and blockchains.
Telex Connector
Specialized for secure bank-to-bank transfers using Keyed in Telex (KTT) messaging systems.
Visa & Mastercard ILP Integration
Connect traditional card networks with cryptocurrency through our ILP connectors
What is needed to send ILP to Visa or Mastercard
Visa Direct / Mastercard Send API
Integration with card network APIs for direct fund transfers.
Settlement Processing Rules
Compliance with card network settlement rules and regulations.
ILP Peering with Nodes
Establishing communication with other ILP-enabled financial institutions.
ILP Packet Header Format
Frequently Asked Questions
Common questions about our ILP settlement system
Ready to Transform Your Payment System?
Join the future of cross-border payments with our ILP settlement system