For marketplaces, platforms and agencies paying long recipient lists across scattered countries, where the per-transfer bank fee makes the maths fail.
Stablecoin rails change that maths, because the cost of a transfer does not scale with distance. Here is what that looks like in practice with NGPES, including what the platform does not do yet.
A transfer to a recipient on the other side of the world costs what the network costs, not what a correspondent chain costs.
Recipients are set up once as counterparty records. After that the routing details are already correct and verified.
Payout funds can sit in their own subaccount, with their own balance and history, separate from the rest of treasury.
Every payment lands in Activity and the whole run exports to CSV or Excel for reconciliation.
Most payout platforms sell on a file upload and an approval matrix. It would be easy to imply the same here and it would not be true, so here is the position.
What the platform does give you at volume is the economics, the pre-verified destinations and a single reconcilable record. That is genuinely useful, and it is a different claim from an enterprise payouts suite.
Every payment in a run goes through the same sequence.
| Recipient type | Route | What they receive |
|---|---|---|
| Already holds a wallet | Send | A supported stablecoin, arriving once funds are available |
| Wants ordinary money | Make a Payment | Fiat in their bank account, over traditional rails |
| Your own entity abroad | Registered external account | Either, once the account or wallet is verified |
The mix matters more than people expect. If most of your recipients want fiat, the speed benefit lands mainly on your side of the transaction, in the funding and the treasury movement, rather than in how fast the recipient sees the money.
Most of the operational risk in cross-border payments comes from paying the wrong party, or taking money from a source you cannot account for. NGPES makes both a deliberate step.
Here is what each leg takes.
| Leg | Timing |
|---|---|
| Stablecoin transfer | Settles instantly within the platform, once funds have been received and are available. |
| Stablecoin to fiat conversion | Instant. |
| Fiat arriving at the recipient | Depends on the destination currency, the geography and the external banking rails involved. NGPES does not control this leg. |
| Fiat top-up | Depends on the inbound transfer reaching your linked IBAN. |
The digital asset layer is instant once liquidity is available, and the fiat legs at either end move at the speed of the banks involved. That is a large improvement on a correspondent banking chain, and it is not the same as end-to-end instant.
This is what the platform supports today.
| Position today | |
|---|---|
| Stablecoins | Selected MiCA-compliant stablecoins only. Assets outside that set are not held on the platform. |
| Non-compliant assets | Funds arriving in an asset that is not MiCA-compliant can be converted into a MiCA-compliant one, as a case-by-case exception, not a standing service. |
| Fiat | Moves in and out through the linked IBAN via on-ramp and off-ramp. Fiat balances are not held on the platform. |
| Swap | Between supported MiCA-compliant stablecoins only. |
| External accounts | You can register your own external bank accounts and wallet addresses. They are verified before use, and only for flows involving the same organisation. |
| Team management | Announced as coming soon. Not available yet. |
If a particular asset, currency or corridor matters to your business, ask us before you build around it.
Where NGPES is authorised today.
NGPES is based in France and the platform supports selected MiCA-compliant stablecoins only, by design. Services will become available only upon obtaining the relevant CASP and EMI authorisations.
What NGPES states today.
| What NGPES states | |
|---|---|
| Reach | Funds move across 150+ countries via SEPA, SWIFT and local rails. |
| Stablecoin settlement | T+0. |
| Fiat settlement | T+1. |
| Processing | 24/7/365, with no end-of-day batch. Everything is processed in real time. |
| Conversion | Instant conversion between fiat, in USD, EUR and GBP, and stablecoins. |
| Exchange | 24/7 fiat to stablecoin exchange, with OTC support. |
For a per-country arrival time, a fee, or the supported asset and network list, talk to the team.
Payments are executed to registered counterparties, and there is no documented bulk or batch upload today. If you are paying hundreds or thousands of recipients on a schedule, discuss the mechanics with the team before you build around them.
Because the transfer cost is a function of the network, not the distance, small cross-border amounts are viable at all.
Yes. Each recipient exists as a counterparty record with the routing details attached before funds can be sent. It is set up once per recipient, not once per payment.
Not stated in the current platform documentation. Confirm it with the team, because it decides whether small-value payouts are viable for you.
Make a Payment converts your stablecoin balance to fiat and sends it over traditional rails. Which currencies and countries are reachable is worth confirming for your specific list.
Yes, through subaccounts, each with its own balances and transaction history under central control.
Every payment appears in Activity alongside the top-ups that funded it, and the full history exports to CSV or Excel.
We will tell you which parts the platform handles today and which need a conversation.
NGPES, Next Generation Payment EcoSystem, is a B2B payment infrastructure that enables businesses to send, receive, hold and move money efficiently across borders. Both fiat currencies and regulated stablecoins are integrated, for faster settlements, lower costs, and enhanced transparency. NGPES is based at 35 avenue de Friedland, 75008 Paris, and was ranked 83 in the Finance Innovation Fintech100 2025.
Interested in our solution? Talk to our team, or email sales@ngpes.com.
.avif)
.avif)
