# tracee | Digital assets and AI consulting in Paris > tracee advises banks, multilateral funds, and digital asset platforms on the tokenized economy, compliant stablecoins, and payment settlement rails en 2026. Source: https://traceegroup.com/index --- # The Strategy & Architecture partner for digital assets and AI. tracee advises banks, multilateral funds, and digital asset platforms on the design and deployment of the tokenized economy, compliant stablecoins, payment and settlement rails, and agentic financial workflows. ## Awards and recognition. ### Stellar Community Fund recognition. 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. ### Circle Impact Award. 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. ### AI patent, imminent approval. Patent in advanced review stage, covering a multi-agent AI architecture for digital-payment platforms. Designed to automate transaction flows, enhance security, and deliver contextual, intelligent payment execution. ## What we work on. Four practice areas where we hold the deepest tools and the longest mileage. Each engagement draws on whichever combination the decision requires. ### Product strategy. Translate regulatory posture into a product brief, a target architecture, and a roadmap engineering and risk can ship. - Define the product brief, scope, and target architecture. - Map institutional and operational user journeys. - Translate regulatory posture into product constraints. - Compliance scoping: KYC, AML, CFT, Travel Rule, GDPR. - Deliver executable roadmaps for engineering and risk. ### Stablecoin infrastructure. Reserves, settlement, custody, oracles, and bank-rail integration. Designed against MiCA, NYDFS, and MAS. - Design settlement flows, redemption windows, and reserve composition. - Architect MiCA, NYDFS, and MAS-compliant issuance models. - Select chains, custody patterns, and oracle architecture. - Integrate with bank rails and treasury operations. - Define operational liquidity and capital buffers. ### Tokenized products. Tokenized deposits, money-market funds, and real-world assets, engineered for institutional issuance and distribution. - Tokenized deposits, money market funds, short-dated debt. - Real-world asset frameworks for institutional issuers. - Subscription, redemption, and corporate-action mechanics. - Distribution architecture across regulated venues. - Secondary-market design and tokenholder reporting. ### Agentic AI workflows. Treasury, KYC, and exposure workflows shipped from pilot to production with the guardrails regulators expect. - Identify deploy-ready use cases across finance functions. - Design human-in-the-loop oversight for agentic systems. - Treasury reconciliation, KYC review, exposure monitoring. - Define guardrails, escalation paths, and audit trails. - Stage rollouts from pilot to production safely. ## How an engagement runs. ## Latest briefings. The Central Bank of Ireland approved Schroders' SOAR share class, a tokenised money market fund built on J.P. Morgan's Kinexys platform. It is the first time Kinexys has carried a third-party active manager's fund rather than a J.P. Morgan product, cleared through an EU regulator instead of the SEC or OCC. On the second anniversary of its own MiCA authorization, Circle disclosed that only 3 of the world's top 50 stablecoins are MiCA-compliant, and publicly pushed the European Commission's live review toward a third-country equivalence mechanism that would ease its own competitors into the EU market. The Finland-based euro clearing business behind the raise is real and revenue-generating. The dollar clearing business the valuation is priced on is not: the OCC charter is conditional, not final, there is no disclosed Federal Reserve master account, and this is the eighth such conditional approval since 2010, not a first. BNY moved Treasury-backed reserves tied to Ripple's RLUSD and OpenEden's USDO after Fedwire Securities Service's daily close. Both issuers already custody with BNY, which is why the test worked without a third bank involved, and BNY is targeting always-on Treasury settlement in 2027. Keeta Stablecoins move natively across Keeta Network, Ethereum, Solana and Base via LayerZero's Omnichain Fungible Token standard. The backing runs through Bivo, a money transmitter, not a chartered bank, and no partner bank, deposit insurance status, or redemption terms are disclosed. Countries requiring approval for residents to hold foreign-currency bank accounts show dollarization ratios 25 to 32 percentage points lower than countries without that rule. Dollar-stablecoin inflows across the same 184 countries show no comparable gap, the capital-control lever that restrains deposit dollarization does not reach the stablecoin channel. ## Latest reports. The design choices facing institutions preparing to issue or back a regulated stablecoin in 2026, across MiCA, NYDFS, and MAS regimes. The methodology tracee uses to scope an architecture review. Capability map, decision matrix, and five evaluation axes. An anonymized read of a disbursement program spanning six Central African countries. Rail selection, treasury operations, FX exposure. ## Common questions about tracee **What does tracee do?** **Where is tracee based?** **Who founded tracee?** **What kind of consulting does tracee offer?** **What topics does tracee specialise in?** **Who are tracee's clients?** **How do I work with tracee?** **Does tracee publish research?** ## Start with a conversation. Thirty minutes, no slide deck, no obligation. We listen, we assess fit, and we tell you whether we can help.