tracee is an independent consulting firm based in Paris, specializing in digital financial infrastructure and applied artificial intelligence. We support banks, payment institutions, fintechs and other institutions in their strategic decisions, the design of their architecture and the delivery of operational solutions.
Four practice areas where we hold the deepest tools and the longest mileage. Each engagement draws on whichever combination the decision requires.
Translate regulatory posture into a product brief, a target architecture, and a roadmap engineering and risk can ship.
Determine your issuance or integration model and the MiCA obligations each activity creates, then design corridors, custody, reserves and accounting integration against MiCA, NYDFS and MAS.
Tokenized deposits, money-market funds, and real-world assets, engineered for institutional issuance and distribution.
Treasury, KYC, and exposure workflows shipped from pilot to production with the guardrails regulators expect.
Recipient of Stellar Community Fund support for designing and architecting an AI-powered, non-custodial, stablecoin-based payment system for cross-border settlements for SMBs and NGOs.
Winner of the Circle Impact Award for architecting a bulk-payment system that delivers funds to refugees and enables secure collection through SMS codes and MoneyGram access.
tracee is a Certified Member of the Circle Alliance Program, Circle's curated partner network for institutional builders deploying USDC and EURC payment, treasury, and settlement infrastructure.
View tracee on the Circle partner directoryPatent application in advanced review, covering a multi-agent AI architecture for digital-payment platforms. Designed to automate transaction flows, enhance security, and deliver contextual, intelligent payment execution.
tracee is an independent consulting firm in Paris for banks, payment companies, fintechs and corporate treasuries weighing stablecoins. We advise on the three things they do with them: issue and hold, accept and settle, and pay across borders through several corridors. Each one starts with the decisions that come before any build.
Issue your own EMT, which takes a bank or e-money licence, a reserve and a network that will hold it, or hold an existing stablecoin such as EURC or USDC, each assessed on its own issuer, rights and regulatory status. We compare both on licence, cost, time and control, then design the custody: who signs, with MPC, HSM or multisig.
Take stablecoin payments from clients and partners, convert them into euros or dollars through a licensed provider when you choose, pay out over banking rails such as SEPA Instant or SWIFT-supported transfers, and reconcile every transfer in your ERP and treasury system, such as SAP, Oracle or Kyriba.
Europe to Africa and the Middle East, one corridor at a time: a licensed off-ramp partner in each market, prefunded liquidity, the FX point, and payout to a bank account, to mobile money such as M-Pesa, MTN MoMo or Orange Money, or to cash pickup.
Issue or integrate, your MiCA role, the corridor, the rail, custody and the books: the six decisions that shape a stablecoin programme, in the order to take them, with the comparison tables we use.
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Solana DvP is an MIT-licensed, audited escrow that releases a securities leg and a cash leg in one transaction. J.P. Morgan advised on requirements, but a single settlement authority still triggers release and privacy features are not yet shipped.
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Fiserv's platform is live with Roughrider Coin, a permissioned Solana token for 90+ North Dakota banks. No volume, supply or reserve figure is published.
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Neither grant buys a live payment. Both fund the governance and reconciliation systems behind pilots that were already running on Stellar.
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Quant was named vendor for the tokenized deposit network 25 US banks are building, closing the watchpoint tracee flagged in June. No blockchain has been named yet.
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The Fed proposed GENIUS Act reserve, capital and application rules seven months after the OCC and five after the FDIC. None of the three is final yet.
Read briefingThe design choices facing institutions preparing to issue or back a regulated stablecoin in 2026, across MiCA, NYDFS, and MAS regimes.
Preview the reportThe methodology tracee uses to scope an architecture review. Capability map, decision matrix, and five evaluation axes.
Request the reportAn anonymized read of a disbursement program spanning six Central African countries. Rail selection, treasury operations, FX exposure.
Request the reportThirty minutes, no slide deck, no obligation. We listen, we assess fit, and we tell you whether we can help.
