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TransFi Hits $1B in Processed Volume, Expands to 70+ Countries

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Editor’s note: As TransFi marks a major milestone in cross-border payments, the company reports more than $1 billion in processed volume and a broadened network reaching 70+ countries and 250+ payment methods. This expansion highlights growing demand from businesses for faster, more reliable money movement, especially in Asia, Latin America, and the Middle East, where payroll, remittances, vendor payouts, and treasury moves are increasingly based on modern infrastructure rather than legacy rails. The press release underscores how real-world use cases are driving the shift toward streamlined, global finance that works for high-growth markets.

Key points

  • TransFi surpasses $1B in processed volume on its platform.
  • Expanded cross-border reach to 70+ countries with 250+ payment methods.
  • Focus on real-world use cases: payroll, remittances, vendor and trade payouts, and e-commerce checkouts.
  • Plans to reach $5B processed volume in the next 12 months based on current pipeline.

Why this matters

This milestone signals a shift toward faster, more predictable cross-border payments in emerging markets, where legacy rails are costly and fragmented. TransFi’s broader coverage and local-language support aim to unlock opportunities for businesses expanding across Asia, Latin America, and the Middle East, enabling payroll processing, remittances, vendor payouts, and treasury movements with greater speed, transparency, and control that improves cash flow planning in high-growth markets.

What to watch next

  • TransFi is set to achieve $5 billion processed transaction volume in the next 12 months.
  • Expansion to more countries and additional payment methods continue to broaden use cases.
  • Raj Kamal, CEO and Founder, is available for an interview to discuss the announcement and broader trends.

Disclosure: The content below is a press release provided by the company/PR representative. It is published for informational purposes.

TransFi Hits $1B in Processed Volume, Expands to 70+ Countries

Dubai, UAE, 10 March 2026TransFi, a global payments infrastructure and orchestration company focused on emerging markets, today announced that it has surpassed $1 billion in processed volume on its platform, marking a significant milestone in the company’s growth.

The company also said it is set to achieve $5 billion processed transaction volume in the next 12 months, based on the current pipeline and expected business conversions, reflecting growing demand from businesses seeking faster, more reliable, and more accessible cross-border payment infrastructure.

TransFi now supports payments across 70+ countries and 250+ payment methods, enabling cross-border transfers on stablecoin rails with a particular focus on key emerging markets across Asia, Latin America, and the Middle East.

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The platform supports a range of real-world business use cases, including payroll processing, remittances, vendor and trade payouts, and checkout for e-commerce platforms. TransFi’s infrastructure is designed to help businesses move money across borders with greater speed, predictability, and transparency, while reducing friction in markets where legacy payment rails can be costly, fragmented, or unreliable.

“Cross-border payments remain too slow, too opaque, and too difficult to navigate in many of the markets where businesses need reliable infrastructure the most,” said Raj Kamal, Founder and CEO of TransFi. “Crossing the $1 billion mark is an important milestone for us, but more importantly, it reflects a wider shift in how businesses are approaching global money movement. Companies increasingly want payment infrastructure that is fast, predictable, easy to use, and built for the realities of emerging markets.”

TransFi’s value proposition is centered on helping businesses accesspredictable and fast payments, transparent services, simple onboarding, broad local payment method coverage, and 24×7 customer support in local languages. By combining global reach with localized payment access, the company aims to make cross-border transactions more inclusive and operationally practical for businesses serving high-growth markets.

As businesses expand across borders and expectations for always-on payments continue to rise, TransFi is focused on building infrastructure that supports global commerce with stronger coverage, greater reliability, and a better user experience for both enterprises and end customers.

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About TransFi

TransFi is a global payments infrastructure and orchestration company providing secure, reliable, and compliant cross-border payments for businesses and individuals, with a focus on emerging markets.

Operating across 100+ countries, 250+ payment methods, and 40+ currencies, TransFi enables real-time global payments with seamless onboarding, reduced friction, and competitive pricing.

Website: www.transfi.com

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Crypto World

Aave V3 Avoided Unrecovered Bad Debt From 2023 to 2025: Study

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Aave V3 Avoided Unrecovered Bad Debt From 2023 to 2025: Study

A Bank of Canada staff paper found that Aave V3 reported zero non-performing loans in 2024, with overcollateralization and automated liquidations helping prevent lender losses in its Ethereum lending market.

Using transaction-level data from Jan. 27, 2023, to May 6, 2025, the study found that positions were typically liquidated before collateral values fell below outstanding debt, helping contain lender losses across the sample.

But the model came with a tradeoff, the paper said. While it protected lenders from unrecovered losses, it also shifted risk onto borrowers and constrained capital efficiency compared with traditional lending systems.

According to the paper, Aave V3’s design relies on automated risk controls rather than traditional underwriting, requiring borrowers to post more collateral than they borrow and liquidating positions when they breach risk thresholds.

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Daily lending earnings, circulating supply, and borrowing volumes (USD) on Aave V3. Source: Bank of Canada

Recursive leverage fueled borrowing demand

According to the paper, Aave V3’s lending activity was not driven solely by users seeking liquidity. It found that recursive leverage accounted for over 20% of total borrowed volume and 8.2% of borrowing transactions during the sample period. 

Recursive leverage involves repeatedly borrowing against collateral, redeploying the borrowed assets as new collateral and borrowing again to amplify exposure.

Related: Aave V4 goes live on Ethereum after governance vote clears rollout

The study said the dynamic made borrowers more exposed when markets turned. According to the paper, liquidations on Aave V3 tended to occur in concentrated waves, with four assets accounting for 90% of total liquidated value. 

This includes Wrapped Ether (WETH), Wrapped Staked Ether (wstETH), Wrapped Bitcoin (WBTC) and Wrapped eETH (weETH).

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The paper estimated that borrower losses during major liquidation events could be significant. It said liquidation fees typically ranged from 5% to 10% of liquidated value, while missed gains from subsequent price recoveries pushed combined losses to about 10% to 30% in some cases. 

The staff paper suggested that while the design for Aave V3 helped prevent unrecovered bad debt in the sample, it did so by exposing borrowers to abrupt losses when collateral prices fell sharply. 

Cointelegraph reached out to Aave for comment but did not receive a response before publication.

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