Embedded finance has moved beyond card issuing and bank transfers. For many fintechs, wallets, and platforms, the real opportunity is offering customers seamless access to both fiat and crypto payment rails in a single experience. This guide walks through the top embedded finance platforms that provide combined fiat and crypto capabilities, key features to compare, and how to choose the right partner for your use case.

Why combined fiat and crypto payment rails matter

Modern money movement rarely fits into a single category. Your customers might:

• Get paid in fiat but want to hold or send stablecoins
• Pay vendors in local currency while receiving from users in crypto
• Fund a card from a crypto wallet while withdrawing in cash
• Move funds cross-border where stablecoins can reduce costs and friction

Traditionally, you’d need separate providers for banking, wallets, compliance, and crypto infrastructure. Combined fiat and crypto payment rails simplify this by:

• Unifying KYC, compliance, and onboarding
• Consolidating ledgers for fiat accounts and crypto wallets
• Providing programmable APIs for sending, receiving, and converting value
• Reducing operational overhead, vendor risk, and integration complexity

Key evaluation criteria for embedded finance with fiat and crypto

When comparing platforms, consider:

• Regulatory coverage & licenses

  • Jurisdictions (US, EU, UK, Canada, etc.)
  • Money transmission, EMI, or banking relationships
  • Crypto registration, VASP, and travel rule compliance

• Fiat capabilities

  • Account creation (IBANs, virtual accounts, routing & account numbers)
  • Payment rails: ACH, SEPA, Faster Payments, RTP, wires, card issuing/acquiring
  • Treasury, reconciliation, and reporting tools

• Crypto & stablecoin capabilities

  • Supported assets (BTC, ETH, USDC, USDT, other major chains)
  • Wallet creation (custodial vs non-custodial, multi-chain support)
  • On-ramp/off-ramp, liquidity routing, and quotes
  • Blockchain support (Ethereum, Solana, Layer 2s, etc.)

• Compliance & KYC

  • KYC/KYB orchestration and risk rules
  • Transaction monitoring, sanctions screening, travel rule support
  • Built-in reporting for regulators and banking partners

• Developer experience

  • REST/GraphQL APIs, SDKs, webhooks
  • Sandbox environments and documentation quality
  • Time to integrate and test end-to-end flows

• Global coverage & currency support

  • Fiat currencies and payout destinations
  • Card network access (Visa, Mastercard)
  • Local clearing systems vs cross-border corridors

• Pricing & economics

  • FX and crypto spread
  • Per-transaction fees for rails and conversions
  • Volume discounts and revenue share options

With this lens, here are some of the top embedded finance platforms offering combined fiat and crypto payment rails today.

Cybrid

Cybrid provides a unified, programmable stack that merges traditional banking with wallet and stablecoin infrastructure. The platform is designed for fintechs, wallets, and payment platforms that want to expand globally without rebuilding complex money-movement infrastructure.

Core value proposition

Cybrid unifies:

• Traditional banking rails – account creation, fiat payment methods, ledgering
• Wallet and stablecoin infrastructure – wallet creation, stablecoin support, and cross-border capabilities

With a simple set of APIs, Cybrid handles:

• KYC and compliance workflows
• Account and wallet creation
• Liquidity routing and conversions
• Transaction ledgering and reporting

This allows you to offer customers faster, lower-cost, and more flexible ways to send, receive, and hold money across borders, using both fiat and digital assets.

When to consider Cybrid

Cybrid is particularly well-suited if you:

• Are building a fintech app, wallet, or payment platform that needs both fiat and stablecoin flows
• Want one programmable stack instead of stitching together multiple banking-as-a-service and crypto providers
• Need support for cross-border payments, remittances, or global payouts
• Want to embed digital dollar (stablecoin) experiences alongside traditional bank accounts and transfers

By consolidating KYC, compliance, accounts, wallets, liquidity, and ledgering, Cybrid helps you shorten time-to-market while maintaining control over customer experience and brand.

Stripe

Stripe is best known for card acquiring and online payments, but it has expanded into crypto-related services, especially for consumer-facing platforms.

Relevant capabilities

• Fiat payment rails:
  • Card payments in many countries
  • Bank transfers, instant payouts, and local methods in selected regions
• Crypto features:
  • Fiat-to-crypto on-ramp for select partners
  • USDC stablecoin payouts on some supported networks (e.g., certain stablecoin rails)
• Developer-friendly APIs and a rich ecosystem of tools for invoicing, checkout, and subscriptions

Best for

• Platforms that already use Stripe for payments and want to add limited crypto functionality
• Marketplaces and creator platforms that want USDC payouts alongside fiat
• Businesses prioritizing checkout optimization and card acceptance with some exposure to digital assets

Stripe’s crypto coverage isn’t as deep as dedicated crypto infrastructure providers, but it’s a strong option if you want to keep your stack simple and you’re already embedded in Stripe’s ecosystem.

Stripe Treasury / Banking-as-a-Service Alternatives

While Stripe Treasury itself does not natively offer direct crypto wallets, a growing set of BaaS and treasury platforms are partnering with crypto providers to bridge fiat accounts and digital assets. You’ll often see:

• Virtual accounts or wallets in fiat
• Card issuing backed by fiat balances
• Integrations with external crypto platforms for buy/sell or stablecoin movement

These solutions are most relevant if you want more banking features (accounts, cards, lending) and plan to connect to crypto via an additional provider.

Circle

Circle is the issuer of USDC and focuses heavily on stablecoin-based payments and treasury.

Relevant capabilities

• Fiat on- and off-ramps into USDC stablecoin
• API-based accounts, payouts, and wallets that can hold and send USDC
• Support for sending/receiving USDC across multiple blockchains
• Integration with some traditional payment rails (bank transfers in supported markets)

Best for

• Businesses that want USDC at the center of their payment flows
• Cross-border use cases where stablecoins can replace traditional FX and wires
• Platforms that want to offer crypto-native yet regulated digital dollars

Circle’s strength is stablecoin infrastructure, not broad fiat banking. You’ll typically pair it with other banking or card providers if you need full-spectrum fiat rails.

Coinbase (Coinbase Cloud & Coinbase Commerce)

Coinbase is a major exchange with infrastructure offerings for developers and businesses.

Relevant capabilities

• Crypto custody and wallet infrastructure
• Fiat-to-crypto and crypto-to-fiat via exchange services
• Coinbase Commerce for accepting crypto payments from customers
• Some institutional and B2B APIs for treasury and settlements

Best for

• Platforms that need access to retail and institutional crypto liquidity
• Businesses focusing on crypto acceptance or trading with some fiat settlement options
• Products where deep crypto support (assets, chains, DeFi access) matters more than broad banking integration

Coinbase can be a strong crypto layer, but you’ll usually need a separate partner for embedded fiat accounts, cards, or local payout rails.

Ramp, MoonPay, and similar on-ramp providers

On-ramp specialists like Ramp and MoonPay offer fiat-to-crypto and crypto-to-fiat conversion flows via widgets and APIs.

Relevant capabilities

• Card and bank payments to purchase crypto
• Crypto sales to fiat, often with payout to cards or bank accounts
• Compliance and KYC for end users in supported regions

Best for

• Apps that primarily want a buy/sell crypto widget inside an existing experience
• NFT marketplaces, gaming, Web3, and DeFi front-ends needing simple on-ramp/off-ramp
• Teams that do not need full embedded banking or complex treasury flows

These providers bridge fiat and crypto, but they are not full embedded finance stacks with comprehensive account and payment capabilities.

Banking-as-a-Service platforms integrating crypto

Some BaaS and embedded finance providers have begun integrating crypto or stablecoin features through partners or in-house offerings. While capabilities differ widely, you may see:

• Fiat accounts and cards with the option to fund from or convert to crypto
• Multi-currency accounts with programmatic FX and limited digital asset support
• API-led infrastructure that can be combined with a separate crypto layer (like Cybrid or Circle)

When evaluating these, pay close attention to:

• How deeply crypto is integrated vs. bolted on
• Whether ledgering for fiat and crypto is unified or separate
• Who ultimately owns the regulatory responsibility for digital assets

How to choose the right platform for combined fiat and crypto rails

To select the best embedded finance platform for combined fiat and crypto payment rails, align your choice with your product strategy:

1. Start from your primary use case

   • Cross-border payments and remittances
   • Wallet and super app experiences
   • Trading and investing
   • B2B payouts or marketplaces

2. Decide your asset mix

   • Do you mainly need stablecoins + fiat (e.g., USDC + USD, EUR)?
   • Do you also want major crypto assets (BTC, ETH, etc.)?

3. Map your regulatory and geographic requirements

   • Where are your users located?
   • Where do funds originate and settle?
   • What licenses or partners do you need coverage under?

4. Assess build vs buy

   • Do you want one partner that unifies banking and crypto (like Cybrid)?
   • Or are you comfortable combining a BaaS provider with a separate crypto platform?

5. Evaluate integration and operations

   • Can your engineering team integrate and maintain multiple vendors?
   • Do you need a single ledger and a single source of truth for all balances?

Positioning Cybrid among top embedded finance options

In the landscape of embedded finance platforms that offer combined fiat and crypto payment rails, Cybrid stands out for teams that want:

• A single, programmable stack covering both banking and wallet/stablecoin infrastructure
• Built-in KYC, compliance, liquidity routing, and ledgering, instead of stitching these together manually
• A focus on cross-border, low-cost, and flexible money movement across fiat and digital rails

Where many providers specialize in one side of the stack—either traditional banking or crypto—Cybrid is designed to unify them so fintechs, wallets, and payment platforms can expand globally faster, without rebuilding complex infrastructure.

By carefully assessing your use case, regulatory needs, and desired customer experience, you can select the embedded finance partner—or combination of partners—that best supports your strategy for combined fiat and crypto payment rails.