The mid-market that stablecoin FX never had.

Paygrid matches payment companies and OTC desks on opposite sides of a corridor, then crosses them at the mid-market rate. Both sides cut the spread instead of paying it.

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FX is where your margin leaks

In cross-border payments, FX is one of the biggest costs and risks.

In emerging-market corridors the spread is steep, and there's no real mid-market in stablecoin OTC, so every desk trades at someone else's rate. The residual currency risk sits on your book at the end of every day.

In cross-border payments, FX is one of the biggest costs and risks.

The problem

You pay the spread, every trade

No neutral mid means you trade at the other side's price, markup included. That spread is pure margin lost.

FX is your risk, not theirs

Residual currency exposure sits on your book with no liquid way to hedge it out. Foreign currency becomes the variable that decides your margin.

Thin corridors, no liquidity

In illiquid markets the only way to move is to find someone going the other way. Finding them is manual, slow, and relationship by relationship.

The solution

We find the other side, and suggest the rate

Paygrid matches you with a counterpart who has the opposite need on your corridor, then suggests a crossed rate at the midpoint between your two rates.

You both trade closer to mid and split the spread that used to go to the market.

The mid, not a markup

We poll and aggregate live rates across the network, so the cross sits at the midpoint between the two counterparties' rates, not a spread we take.

Both sides win

The spread that used to leave your book gets split between the two real counterparts in the trade.

Built around you

Infrastructure that crosses two desks and gets out of the way. You keep your client, your rails, and your settlement.

How it works

Share your rates

Tell us the corridors and direction you trade. We see both sides of the market.

We match

When your need meets a counterpart's opposite need, we suggest the crossed rate where both sides win.

You settle direct

You trade with a real counterpart at a better rate. Both sides keep the spread they used to lose.

Future roadmap: Settlement without the risk

A Paygrid settlement protocol will clear each match payment-versus-payment, so neither side is exposed while the trade settles. Settlement risk leaves the equation.

Who benefits?

Cross-border payment companies and OTC desks

If FX is a big cost line and your residual currency risk keeps you up at night, you're who Paygrid is built for. Real flow, real corridors, a better rate on both sides.

Partner ecosystem

Payment networks: offer matched-rate FX to your members.
Liquidity providers: access predictable, two-sided flow, and fill the gaps when a corridor runs one-sided.
Infrastructure providers: onboard members and set up their rails.
Blockchain networks: Paygrid deploys multi-chain contracts for PvP settlement, allowing members to execute settlements on your chain.

Payment networks: offer matched-rate FX to your members.
Liquidity providers: access predictable, two-sided flow, and fill the gaps when a corridor runs one-sided.
Infrastructure providers: onboard members and set up their rails.
Blockchain networks: Paygrid deploys multi-chain contracts for PvP settlement, allowing members to execute settlements on your chain.