Crypto meets supply chains as Pelago Labs builds financing tool on Stellar
Pelago Labs builds financing tool on Stellar
Pelago Labs, a Vancouver-based fintech firm, has unveiled a new supply chain financing platform built on the Stellar blockchain, aiming to deliver faster, more inclusive access to liquidity for suppliers.
The solution tokenizes and fractionalizes account receivables, allowing small and medium-sized enterprises (SMEs) to secure working capital in USDC—before buyer payments are settled, according to the Cryptopolitan.
The platform leverages Stellar’s smart contract capabilities and integrates with PolyFlow’s PayFi protocol, enabling seamless transactions via liquidity-pool-based payment channels. Suppliers can receive funds in USDC or off-ramp into local currencies through authorized providers, bypassing traditional financial bottlenecks.
Unlocking liquidity for underserved suppliers
By focusing on pre-settlement liquidity, Pelago's platform empowers suppliers—particularly those without direct access to buyers or formal credit lines—to operate without cash flow interruptions. Through on-chain KYC and enterprise-grade wallets, the system maintains compliance while streamlining onboarding.
In February, two suppliers secured a $1 million USDC on-chain loan from creditor Trusta Labs via Pelago’s platform. The funding allowed them to continue operations uninterrupted, illustrating the platform’s real-world impact.
Denelle Dixon, CEO of the Stellar Development Foundation, praised the launch as a “powerful example of blockchain transforming finance,” highlighting the opportunity to extend credit access to global SMEs. Raymond Qu, co-founder of PolyFlow, noted that Stellar’s smart contracts enable scalable, complex financial workflows that are well-suited for supply chain financing.
Pelago Labs says its goal is to democratize supply chain finance by enabling creditors to deploy digital assets directly to support real-world businesses. The platform represents a tangible use case for blockchain in financial services—bridging digital finance and the global supply chain.
Last year, Stellar launched a new digital payment platform.
