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Crypto Exchange VALR Adds Multi-Currency Fiat Capabilities Through OpenPayd
VALR, one of the largest global crypto exchanges, has chosen OpenPayd, a leading provider of financial infrastructure, to power its multi-currency fiat operations and global on/off-ramp capabilities.
Through the integration, VALR expands its offering to enable customers to fund their accounts in euros, pound sterling, and US dollars, via OpenPayd’s dedicated virtual IBANs and extensive global payment network. OpenPayd provides access to SEPA, SEPA Instant, and Faster Payments, as well as USD on/off-ramping via SWIFT, enabling efficient settlement with global liquidity providers, including stablecoin issuer Circle. This follows the recently announced OpenPayd–Circle partnership, bringing enterprise-grade fiat–stablecoin infrastructure to VALR’s global settlement operations.
This unified infrastructure allows VALR to consolidate fiat operations that would typically require multiple banking partners across jurisdictions. OpenPayd brings EUR SEPA rails, GBP Faster Payments, and USD SWIFT into a single environment, reducing operational complexity while ensuring institutional-grade reliability across all customer and treasury flows. For VALR’s operations team, dedicated virtual IBANs support streamlined reconciliation and automated processing. For its end customers, it delivers faster deposits and more reliable withdrawals.
The partnership reflects the growing need among digital asset exchanges for resilient fiat connectivity, particularly as USD remains the preferred settlement currency for market makers, institutional trading firms, and major stablecoin issuers. By combining global USD settlement with local-currency rails for customer deposits, VALR can serve both sides of its international user base with greater speed, transparency and consistency.
Farzam Ehsani, Co-Founder and CEO at VALR, stated, “At VALR, we believe that sending and receiving money should be as easy as it is with a text message. By integrating OpenPayd’s world-class multi-currency fiat infrastructure, we are removing yet another barrier that has historically divided people by geography, currency, or economic status. More than a technical upgrade, this is a meaningful step toward building a truly inclusive financial ecosystem that reflects the oneness of humanity and enables more and more people to participate fully in the global economy.”
Lux Thiagarajah, Chief Commercial Officer at OpenPayd, commented, “VALR is setting a new benchmark for what a world-class crypto exchange looks like, scaling faster and more strategically than most in the market. Crypto exchanges with global ambitions need a unified financial infrastructure that matches the speed and scale of digital assets. By consolidating USD SWIFT, EUR SEPA and GBP Faster Payments into one operational layer, we’re removing complexity and enabling VALR to move fiat and digital assets instantly and securely worldwide. OpenPayd is proud to power the financial infrastructure behind their next phase of global growth.”
This collaboration comes as international crypto platforms face rising expectations for faster fiat connectivity, transparent settlement processes and compliant global operations. With OpenPayd’s rail-agnostic infrastructure, VALR gains a seamless entry point into local and international payment networks, supported by a fully regulated environment designed for high-growth digital asset businesses. This infrastructure improves both customer experience and liquidity operations, solving the critical first and last mile of fiat connectivity that underpins every crypto–fiat transaction.
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