VelaFi founder Maggie Wu has highlighted the company's strategic expansion of stablecoin payment services across Latin America, leveraging the region's financial challenges. With outdated financial systems and high inflation, stablecoins have emerged as an ideal solution for cross-border payments and asset preservation. VelaFi offers blockchain-based services for cross-border settlements and payroll, achieving transfers in 30 minutes at 70% lower costs than traditional remittances. The company operates in Mexico, Brazil, and Argentina, serving over 500 clients while focusing on compliance and localization. Future plans include expanding into the U.S. and Asian markets, enhancing their stablecoin payment, custody, and collection services.