Shapefin

Cheesecake Labs Deepens Five-Year Stellar Partnership, Driving Blockchain Adoption and Stablecoin Innovation

Share It:

Cheesecake Labs, a nearshore software development company, has announced the expansion of its five-year partnership with the Stellar Development Foundation (SDF), reinforcing its role as a key integration partner and ambassador for the Stellar blockchain network.

Since August 2020, Cheesecake Labs has served as a primary integration partner for projects building on the Stellar network, with SDF referring various ecosystem projects requiring specialized development support. This arrangement allows SDF’s core team to concentrate on network infrastructure while Cheesecake Labs delivers expertise in blockchain solutions. Marcelo Gracietti, CEO at Cheesecake Labs, stated, “Our role as a Stellar integration partner reflects the technical expertise we’ve built over five years. We bridge blockchain technology with practical business objectives.”

The collaboration has resulted in several blockchain solutions, including the MoneyGram Wallet, a global payment solution for international money transfers. Another project is the Vesseo Wallet, a USDC wallet offering “earn global, spend local” features tailored for remittances, freelancers, travelers, digital nomads, and underbanked populations, with QR payments launching in Brazil and upcoming Pix and direct debit card crypto-fiat functionality. Cheesecake Labs also developed the Stellar Asset Tokenization Sandbox, a no-code tool for asset management on the Stellar testnet, and collaborated with Mercado Bitcoin on the MBRL Stablecoin, supporting Latin America’s largest digital currency exchange. Additionally, the partnership yielded the Stellar Disbursement Platform, designed for bulk payments in humanitarian aid and payroll applications.

With the recent passage of the GENIUS Act, which aims to provide regulatory clarity for US stablecoins, Cheesecake Labs is positioned to assist clients in leveraging emerging opportunities. The company’s experience with stablecoins on Stellar prepares it to meet the rising demand for regulated digital currency solutions. Gracietti added that “The GENIUS Act creates a framework that will accelerate stablecoin adoption. We’re already helping clients explore corporate treasury, cross-border settlement, and on-chain lending use cases.”

Cheesecake Labs will act as an official ambassador for the Stellar network at key industry events. At Blockchain Rio 2025, scheduled for August 5-7, the company will join NearX to showcase Stellar’s capabilities through live demonstrations and presentations. Furthermore, Cheesecake Labs will promote Meridian 2025, Stellar’s annual conference, set for September 17-18 at the Copacabana Palace in Rio de Janeiro, aiming to connect Latin American blockchain stakeholders with the broader Stellar ecosystem. Meridian 2025 will feature discussions and technological showcases in financial innovation.

Latest Posts