Flexible teams are global. But the infrastructure they rely on for getting paid is still stuck in the past. Traditional banking rails were not designed for the way modern businesses work today. That is exactly why Rafiki integrates stablecoins into our platform. To simplify global invoicing, reduce fees, and make payouts instant.
What Problems Do Stablecoins Solve for Global Freelance Payments?
Most international payments are slow, expensive, and overly complicated:
- International wire transfers often take 3 to 5 business days
- FX fees and transaction costs can easily eat up 5 to 8 percent
- Teams must deal with multiple currencies, invoices, and scattered platforms
This creates real friction, especially for growing teams, agencies, and independents working across multiple borders.
How Does Rafiki Use Stablecoins to Streamline Invoicing?
Rafiki combines smart invoicing logic with stablecoin payment rails. That means:
- Multiple freelancers or contract workers can be paid from one consolidated invoice
- Payments are routed instantly, wallet-to-wallet
- Clients can pay in USD or EUR, and workers can receive in ZAR or local currency
This reduces complexity and speeds up the entire billing process.
Why Are Stablecoins a Better Fit for Flexible Teams?
Stablecoins allow Rafiki to provide:
- Lower costs: Typical Rafiki transactions cost less than 2% end-to-end
- Faster settlement: Funds arrive in hours, not days
- Reliable stability: Workers avoid volatile currencies or surprise conversion losses
- Global accessibility: Teams do not need local bank accounts
In short, we make sure you get paid faster, with less friction, wherever you are.
What Makes Rafiki Different From Other Payments Platforms?
Rafiki is more than a wallet or invoice tool. It is a complete operating system for flexible, global teams. We do not just move money. We manage talent, automate compliance, and offer:
- Smart invoicing that supports splits, consolidation, and project-based logic
- Embedded payments using stablecoin and fintech infrastructure
- Cross-border routing in USD, EUR, ZAR, and beyond
- Embedded benefits, wellness, and EOR/CoR coverage in 130+ countries
FAQs
What are stablecoins?
Stablecoins are cryptocurrencies designed to hold a stable value, often pegged to fiat currencies like the US Dollar. They enable fast and low-cost transactions.
Why is Rafiki built on stablecoins?
Rafiki uses stablecoins to provide instant, affordable, and reliable payments to freelancers and flexible teams across borders, without traditional banking friction.
Can I pay freelancers in different currencies on Rafiki?
Yes. Rafiki supports multi-currency invoicing and payment routing. You can pay in USD or EUR, and freelancers can receive funds in their local currency, including ZAR.
Is Rafiki better than traditional banking for freelancer payments?
For flexible teams, Rafiki is faster, cheaper, and simpler than banks. With stablecoins and smart invoicing, payments settle in hours instead of days, with lower fees.
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Original LinkedIn article here: https://www.linkedin.com/pulse/why-does-rafiki-use-stablecoins-global-invoicing-payments-wosgf
