September 30, 2025, Dubai — SuperStable, a Dubai-based fintech startup founded by entrepreneur Siddharth Pillai, has processed over $45 million in cross-border payments within six months of launching operations in September 2024.
The company is building a payments network using stablecoins for speed and efficiency while maintaining strict regulatory compliance standards. SuperStable addresses high costs and delays in international money transfers by combining blockchain settlement with compliance systems familiar to banks and regulators.
Its payment rails currently support key corridors including the United States, UAE, United Kingdom, and Southeast Asia. The network is being used by exchange houses, fintech firms, and remittance partners for cross-border transactions.
Siddharth Pillai, who previously sold a payments startup to Klarna, brings experience from the US, Middle East, and Asia. “Businesses and migrant communities need faster, cheaper, and reliable cross-border payments. Our focus is on building that bridge responsibly and integrating existing financial rails seamlessly with blockchain technologies,” he said.
The company has formed partnerships with exchange houses and fintech providers. SuperStable is integrating with Circle, Ripple, and other blockchain networks to broaden settlement options and expand its payment infrastructure.
SuperStable is working with government bodies in Japan and Cambodia on cross-border trade initiatives and payment infrastructure projects. This collaboration aims to develop regulatory-compliant blockchain payment solutions for international trade.
Alongside its B2B payment rails, the company is developing Plu Money, a consumer-facing wallet brand offering non-custodial payments and a utility token (PLU$) for everyday transactions.
The platform operates on multi-chain architecture spanning Ethereum Layer 2s, Tron, and Hedera networks. Features include T+1 credit facilities and real-time foreign exchange quoting for international payments.
Pillai has represented SuperStable at major fintech events including Token2049, Money2020, and FinAccelerate San Francisco, highlighting the company’s approach to compliance-led blockchain payments.
SuperStable is positioning itself as new infrastructure layer for international payments, combining blockchain technology advantages with traditional financial system compliance requirements to serve businesses and remittance markets.