About Plaitr.
Plaitr is the finance stack for web3 teams. The money is on-chain; the costs are not. Today that means a self-custodial treasury holding stablecoins beside USD, EUR, GBP and AED, payouts and payroll across 90+ countries, approvals enforced on-chain, and a ledger written as the money moves.
Why we built it
A web3 team holds its treasury, its revenue and its raise in stablecoins, and pays for infrastructure, legal, audits, contributors and payroll in fiat across a dozen countries. Nothing bridges those two facts. A multisig keeps the money safe and cannot pay a hosting invoice; a bank account pays the invoice and cannot hold the treasury the way a multisig does.
So every team in this market assembles the same stack by hand: a multisig, somebody’s exchange account doing duty as the company off-ramp, a payout provider or two, a crypto-accounting tool inferring what each transfer was months later, and a spreadsheet reconciling all of it a quarter late. Plaitr is one account that does both sides of that gap and writes the ledger as the money moves.
Self-custodial architecture
Plaitr separates regulated fiat rails from self-custodial digital assets. Fiat accounts and payment rails are provided through licensed partners. The on-chain side sits in a Squads smart account your company owns, with signing thresholds enforced by the contract on Solana rather than by anything Plaitr runs: USDC on Ethereum, Base, Arbitrum and Solana, and USDT on Tron and Solana, in both directions.
- • Self-Custodial Smart Accounts: On-chain stablecoin balances (USDC) live in a Squads smart account owned directly by your legal entity on Solana. Key management and signing authority are controlled by your team via Privy wallets. Plaitr never holds your funds, stores your assets, or possesses signing keys.
- • Licensed Payment Partners: Fiat funding, virtual bank accounts, local clearing (ACH, Wire, SEPA, Faster Payments, FAST, IMPS), FX settlement, and planned corporate card programs are delivered by licensed partner institutions (such as Bridge and Align) under their respective licenses.
Business KYB & regulatory compliance
Plaitr onboards businesses only. We do not offer personal consumer accounts or individual retail wallets.
- • Software KYB & Beneficial Ownership: We conduct software Know-Your-Business (KYB) checks and leverage Didit for beneficial ownership (UBO) screening, verifying natural persons owning 25% or more equity per FATF standards.
- • Sanctions Screening: Applicants and beneficial owners are screened against OFAC, UN, EU, UK OFSI, India (UAPA), and UAE sanctions databases prior to account activation.
- • Regulated Partner Verification: Full verification of record, regulated identity determinations, and ongoing transaction monitoring on fiat rails are performed independently by our licensed partner institutions.
Read our full KYB Policy and Sanctions Policy for details.
Who it is for
Plaitr is designed for businesses operating across countries, including software companies, exporters, digital agencies, logistics businesses and other cross-border companies that need accounts, global payouts and connected financial records.
What Plaitr is (and is not)
Plaitr is a financial technology software provider. We are not a bank, Money Services Business (MSB), money transmitter, card issuer, or custodian.
- • Digital assets are held on-chain in your business’s Squads smart account.
- • Signing keys remain with your team’s Privy wallet.
- • Fiat virtual accounts and payout rails are operated by licensed partner institutions.
- • Corporate cards (when live) are issued by regulated Partner Institutions.
For complete governing terms, please consult our Terms of Service and Partner Agreements.