PPRO Partners with Damisa for Stablecoin Settlement Across Latin America and Beyond

PPRO has partnered with Damisa to move funds through regulated stablecoin rails for treasury and cross-border settlement. The setup started in Latin America and is now being extended as PPRO expands globally, which matters because the model cuts out the usual multi-bank correspondent chain and gives the payer more control over prefunding and visibility.

1. Damisa, described as a regulated stablecoin-native settlement platform for cross-border business payments, powers PPRO’s onramp and off-ramp flow. In practice, Damisa converts funds into regulated stablecoins, moves them across borders the same day, and settles in PPRO’s currency of choice.
2. The partnership replaces multi-bank correspondent chains with a single regulated rail. That reduces the capital that has to be prefunded in each market, while giving PPRO full visibility of every payment.
3. Latin America was the initial deployment region. Damisa says the region is one of the fastest-growing for local payments and one of the hardest for moving money out efficiently, so it became the proving ground for the model: collect locally, move on stablecoin rails, settle locally.
4. After the first rollout, the arrangement is being extended to additional markets as PPRO grows its global footprint. Damisa will support collection, cross-border movement, and local-currency settlement.
5. Damisa positions itself as a regulated, multi-jurisdiction platform with an Australian Financial Services License, AUSTRAC digital currency exchange and remittance registration, registration as a Money Services Business with FINTRAC in Canada, and a VASP registration in Poland, with Malta CASP and Payment Institution authorisation in progress. It says sanctions, AML, and transaction screening run on every payment, and that it settled more than $70 million in the first half of 2026 across more than 90 countries and 70 currencies.

The broader point for PSPs is straightforward: stablecoin settlement is no longer being pitched only to crypto-native flows. When correspondent banking gets thinner in the corridors that matter, the combination of regulated stablecoins and licensed infrastructure starts to look like a working treasury tool rather than a side experiment.