Stablecoins are becoming settlement rails
Stablecoins settle in seconds, around the clock, without a chain of correspondent banks. Institutions are starting to move treasury and cross-border settlement on-chain.
Enterprise Settlement
Confidential Transaction Layer
Enterprise settlement is moving to stablecoins, but regulated institutions cannot settle on rails that publish every number or hide them from their auditor. Remi's confidential transaction layer keeps amounts and balances private on-chain and fully readable to compliance.
- Layer
- Enterprise stablecoin settlement
- Status
- Testnet · pre-audit
- Backing
- Stellar Community Fund · $135K
Why Remi builds this
Stablecoin settlement is coming. The rails are not ready for institutions.
Compliance breaks on public chains
A public ledger shows every amount, balance and counterparty to competitors. Privacy tools that hide activity also hide it from the auditor. Neither works for a regulated institution.
Banking rails leave a gap
Correspondent rails are batch-based, pre-funded and slow across every jurisdiction they touch. Bank connectivity to stablecoin rails is still thin, so institutions need a compliant bridge between the two.
Remi closes that gap: stablecoin settlement that stays private to the market, readable to the supervisor and connected to licensed fiat rails at both ends.
How it works
Hidden amounts. Known counterparties.
HONEST FRAMINGCONFIDENTIAL · DISCLOSABLE
This system delivers confidentiality from the public plus disclosure to authorised parties. It does not deliver untraceability. Sender and recipient addresses remain public on the ledger. Only amounts and balances are hidden, which is exactly the shape of institutional settlement between known, licensed counterparties.
Confidential
Amounts and balances are encrypted on-chain. Zero-knowledge proofs confirm each transfer is valid without revealing the numbers.
Supervised
Compliance holds an auditor view key under dual control and can read every amount and balance. Scoped keys answer a regulator request without exposing anything else.
Permissioned
Only KYC-verified, allow-listed institutions can hold a confidential balance. A controlled network, not a mixer.
The product
Running on Stellar testnet today.
Screens from the working testnet build. All names and figures are test data.
Confidential wallet
One Stellar account with a public balance and a hidden balance. Hidden amounts never appear on the public chain and stay readable to the service provider for compliance.
Treasuries
Confidential and public stablecoin treasuries next to the prefunded payout account, with the settlement movements between them.
Transfer lifecycle
Every transfer is tracked from quote to proof, settlement and fiat payout, with its settlement transaction ID.
Keys and access
Auditors issue time-limited investigation keys to a named holder, with the reason recorded in the disclosure log.
Settlement model
Customer value moves as fiat. Settlement moves confidentially.
CORRIDOR SETTLEMENT MODELFIAT · CONFIDENTIAL LEG · FIAT
Remi's corridor moves customer value as fiat: fiat collected at a partner counter in the UAE, and fiat paid to the recipient from pre-funded liquidity at the payout bank. The confidential stablecoin leg on Stellar is the institutional settlement and rebalancing leg behind that corridor, keeping settlement amounts and treasury positions private on-chain while staying fully visible to an auditor through the auditor view key. The confidential layer exits to public stablecoin inside the regulated perimeter and settles to an in-perimeter licensed liquidity provider, so only fiat enters Egypt.
Customer leg
The sender pays fiat at a partner counter. KYC, screening and sanctions checks run here, off-chain.
Fiat
Confidential settlement leg
Stablecoin moves confidentially between treasury positions and in-perimeter licensed LPs to rebalance corridor liquidity.
Amount hidden
Payout leg
The recipient is paid fiat from pre-funded fiat liquidity at the payout bank as a domestic payment.
Fiat
Visibility
Private to the market. Open to the supervisor.
| Data point | Public ledger | Counterparty institution | Auditor view key |
|---|---|---|---|
| Transfer amount | Hidden | Visible (own) | Visible |
| Treasury balance | Hidden | Visible (own) | Visible |
| Sender and recipient addresses | Visible | Visible | Visible |
| Customer identity | Never on-chain | Held at partner counter | Via partner KYC records |
Status
Testnet today. Mainnet only after an external audit.
Testnet build
TestnetConfidential wallet, treasuries, transfer lifecycle and auditor key issuance running on Stellar testnet through Remi's own SDK.
Treasury and disclosure tooling
In progressPooled treasury operations, confidential rebalancing and scoped disclosure receipts for liquidity providers.
Compliance review
PlannedKey management and recovery, travel-rule design and auditor key governance signed off by counsel per jurisdiction.
Mainnet
GatedGated on the external audit and mainnet approval of the underlying contracts. No customer date is committed.
Regulatory posture
Built to be supervised.
Remi's role
Technology and orchestration. Spending and encryption keys stay with the account holder and are never reconstructable server-side.
Digital assets in Egypt
None. The layer exits inside the regulated perimeter and only fiat enters Egypt.
Access
KYC-gated allow-list policy engine. Not a mixer.
Network
Stellar testnet. Not approved for mainnet. No token.
Why Stellar
Rails built for moving money.
Built for payments
Stellar ships privacy at the protocol level with Protocol 25 and 26, on a network built for fast, low-cost cross-border payments. The confidential layer works over existing stablecoins, so it inherits existing liquidity instead of needing a new asset.
Backed by the ecosystem
The Stellar Community Fund awarded Remi $135K. Part of the grant funds open tooling any regulated operator can reuse.