Evolution of Credible’s Modular PayFi Primitives

Delayed Settlement → Instant Liquidity Advance

Primitive: PayFi Advance Credible advances stablecoins or local fiat at the moment a payment is initiated, converting delayed settlement into instant liquidity.

Equivalent to moving from “wait-for-clearing” to “settle-now, clear-later”

Fragmented Gateways → Unified Orchestration

Primitive: Payment Orchestration Layer Instead of relying on a single PSP (Stripe, PayPal), Credible dynamically routes transactions across multiple gateways, aggregators, and rails—maximizing uptime and speed.

Comparable to how routing protocols optimize network traffic

Trapped Capital → Yield-Bearing Settlement

Primitive: Receivable-Backed Yield Settlement gaps (1–7 days) become yield-generating windows, where liquidity providers earn returns secured by in-flight payment receivables.

Settlement becomes a financial primitive, not a cost

Pre-Funding → Capital Efficiency

Primitive: Liquidity Decoupling Merchants and neobanks no longer need to pre-fund accounts across countries. Capital is deployed only when payments occur.

Working capital is replaced by programmable liquidity

Batch Clearing → Real-Time Experience

Primitive: Asynchronous Settlement Abstraction Fiat rails continue to clear on their own timelines—but users never experience the delay.

Settlement speed is fully decoupled from clearing speed