PolyFlow and Pelago Strategic Cooperation to Strengthen the Supply Chain Financial Ecosystem

As a next-generation payment infrastructure provider, PolyFlow is leveraging cutting-edge Decentralization technology to drive the expansion of on-chain finance. Recently, PolyFlow announced a deepened partnership with innovative payment solutions and leading fintech company Pelago Labs. Last month, on the Pelago Supply Chain (SC) finance platform supported by PolyFlow's PayFi protocol, two vendors successfully obtained an on-chain loan of 1 million USDC from Trusta Labs, with the transaction completed through the Stellar network.

This transaction marks a significant advancement in the practical commercial application of blockchain technology in Supply Chain finance and other areas. The deep integration of PolyFlow's PayFi protocol with the Pelago SCF platform provides liquidity for small and medium enterprises (SMEs), allowing them to obtain financing before receiving payments from buyers without relying on traditional banks. This breakthrough significantly promotes the development of financial inclusion, helping businesses facing cash flow challenges overcome funding turnover difficulties and ensuring that business operations are not affected by payment cycle delays.

Raymond Qu, co-founder of PolyFlow, expressed his views on the results of this collaboration:

"This achievement demonstrates the transformative power of blockchain technology in the field of Supply Chain finance. Through our collaboration with Pelago, we provide decentralized financial solutions for small and medium-sized enterprises, eliminating liquidity constraints and enabling them to obtain operating funds more smoothly. This is just the starting point for the global trade finance revolution, and we anticipate that blockchain-driven solutions will play a crucial role across businesses of various sizes."

The impact of blockchain finance on traditional industries is rapidly expanding. Cryptocurrency-supported financing solutions provide businesses with new avenues to obtain the necessary operating funds without relying on traditional banks or financial intermediaries. This emerging financial model is bridging the financing gap for small and medium-sized enterprises and offering more flexible and accessible financial tools.

The successful transactions between Pelago Labs, Trusta Labs, and suppliers demonstrate that blockchain-based financing is not just a proof of concept, but a truly viable business solution. With the PayFi protocol of PolyFlow, the Pelago SCF platform is pioneering a new credit issuance model that leverages digital assets to enhance liquidity and support business growth.

Looking ahead, the collaboration between PolyFlow and Pelago Labs will continue to expand financing opportunities for small and medium-sized enterprises globally. Both parties will focus on driving decentralization financial innovation, ensuring that businesses of various sizes can access efficient and reliable financing support. This partnership highlights PolyFlow's commitment to reshaping global trade finance and aims to enable more businesses to enjoy financial services that were previously limited to large companies or traditional banking systems.

About PolyFlow

PolyFlow is a pioneer in the PayFi infrastructure space, dedicated to advancing the mainstream application of blockchain payments. PolyFlow has processed over $200 million in transaction volume and has established partnerships with industry giants such as Ripple, Stellar, and Solana. With its advanced technology, PolyFlow helps businesses adopt decentralized finance solutions, streamline payment processes, and enhance financial accessibility.

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About Pelago

Pelago Labs, headquartered in Vancouver, Canada, is a leading fintech company focused on innovative payment solutions. The company has a strong compliance foundation and collaborates with licensed financial institutions to ensure payment security and regulatory compliance. Pelago possesses deep expertise in both traditional finance (Web2) and blockchain finance (Web3), helping businesses optimize payment processes and achieve seamless integration of traditional finance with blockchain technology.