With talent mobility and globalization of business models, global hiring demand continues to grow. In payroll, secure and efficient cross-border payments have become more important than ever. Companies must navigate fragmented systems, exchange rate volatility, and diverse regulations to ensure that employees — whether freelancers, vendors, or contractors — are paid on time.

In LATAM, cross-border payroll is particularly complex. While digital infrastructure is improving, each country’s banking networks remain fragmented and highly localized. Systems like Mexico’s SPEI, Brazil’s PIX, and Colombia’s PSEoperate independently, with limited interoperability. This results in lengthy, costly, and compliance-heavy processes. Local regulations add more complexity: e.g., Mexico requires year-end bonuses via local banks, Colombia mandates subsidies, and Argentina’s FX controls often delay or distort payments. Companies are forced to work through multiple intermediary banks, creating administrative burden and financial risk.

VelaFi is a stablecoin-centered cross-border financial infrastructure platform. With local licenses and integration with SPEI, PIX, PSE, VelaFi enables local currency settlement in minutes, bypassing layers of intermediary banks while enhancing speed, compliance, and transparency.

PayDD is a one-stop global payroll platform designed to address fragmented accounts, compliance complexity, FX volatility, and delays. It integrates multi-currency settlement, compliance checks, real-time FX management, and multi-channel payouts, supporting same-day (T+0) salary disbursement to employees, freelancers, and vendors.

In this partnership:

• PayDD manages the upstream orchestration: payroll instructions, compliance (KYC/AML), FX strategy, and rate locking.

• VelaFi handles the execution layer: clearing and settlement across LATAM, routing funds through local networks directly to bank accounts or wallets.

Together, they offer enterprises a unified, compliant, and efficient payroll solution for LATAM, eliminating multiple bank intermediaries while retaining transparency and control.

LATAM is at a turning point. Demand is rising not only for payroll but also for supply chain payments, service fees, marketing expenses, and capital flows. Traditional banks can’t keep up due to fragmented infrastructure and regulatory complexity, while stablecoins offer a new path to faster, cheaper, automated cross-border transactions.

Companies adopting digital payment infrastructure early will gain significant advantages: faster settlements, lower risk, better team experience, and stronger competitiveness in global markets. LATAM is set to lead this payment transformation and help build a more open and inclusive financial ecosystem.

About PayDD

PayDD is a Web3-friendly cross-border payroll platform offering compliant, efficient payroll services worldwide. Using stablecoins and AI, PayDD provides lightweight payroll solutions for industries including online education, gaming, e-commerce, financial services, technology, Web3 projects, and freelancers.
Learn more: https://paydd.ai