US → Philippines corridor
USD to the Philippines in minutes. 1% all-in.
Keldra is a payments rail for US companies paying contractors, vendors, and teams across emerging markets.
Coverage
Launching with the US → Philippines corridor.
Keldra is launching with a single corridor: USD from the United States to PHP in the Philippines, through a BSP-licensed local payout network.
United Arab Emirates
Singapore
Hong Kong
Malaysia
Indonesia
Thailand
Vietnam
How it works
Four steps, end to end.
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01
USD intake
Companies fund payouts in USD via ACH or wire through a US-regulated on-ramp. Identity verification and sanctions screening at intake.
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02
USDC settlement
Funds settle as USD-backed stablecoin and move on-chain to the destination side. Faster and cheaper than correspondent banking.
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03
Licensed off-ramp
Local partners licensed in each destination market convert USDC to local currency at a quoted rate. No hidden FX margin.
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04
Recipient receives
Funds land in the recipient’s local bank account via the destination country’s domestic rails — InstaPay or PESONet in the Philippines.
About
Built by an operator who’s done it before.
Xianwen Chen
Founder
At a prior cross-border payments startup, built the stablecoin payment platform end to end as sole engineer — integrating Bridge for US on/off-ramp, Coins.ph for the Philippines, Persona for KYB, and Fireblocks for custody. Before that, eighteen years of software engineering, including six years as a Staff Engineer at Airbnb and three at Dropbox. B.S. Computer Software, Tsinghua University.
Compliance & licensing
Keldra is a California LLC. Money moves through licensed partners on both ends, with KYB and sanctions screening at intake.
- US on-ramp & settlement USD intake and on-chain settlement through US-regulated stablecoin infrastructure.
- Philippines off-ramp PHP payout via BSP-licensed local payout network.
- KYB at intake Persona for business identity verification and OFAC sanctions screening.
Early access
Be one of our first customers.
Keldra is signing up a small group of design partners ahead of launch — US companies paying contractors, vendors, and teams in the Philippines. Priority access, founder pricing, and a direct line to shape the product.