Cyclops builds what it describes as the first complete stablecoin platform designed exclusively for the payments industry. Through a single API, the company offers settlement, payins, payouts and treasury optimization, consolidating what it positions as a fragmented set of crypto and stablecoin tools into one unified payments platform for payments companies. Its technical scope spans stablecoin and crypto infrastructure, API platform engineering, settlement, treasury optimisation, onboarding, reconciliation, and integrations with ecommerce systems and point-of-sale (POS) devices.
The founding team are repeat payments founders with eight years of experience in the industry, having processed over $2B in transaction volume. They spent three years building the crypto and stablecoin division at one of the world's leading payments companies, working through dozens of partner relationships along the way. That division operated what the company describes as the largest network of crypto-enabled POS devices in the world and powered leading crypto and stablecoin ecommerce solutions.
Engineering work at Cyclops centres on the payments stack itself: unified APIs, settlement and reconciliation systems, treasury logic, and integrations across POS and ecommerce environments. The company states a narrow focus on payments companies and only payments companies, grounded in first-hand experience of the onboarding, reconciliation and integration problems in the existing ecosystem.
- Domain: stablecoin, crypto and payments infrastructure
- Platform: single API covering settlement, payins, payouts and treasury optimisation
- Integrations: ecommerce and point-of-sale (POS)
- Verticals: payments, crypto and stablecoin, ecommerce, retail payments, fintech infrastructure
