Nasdaq-listed Owlting Group, the operating brand of OBOOK Holdings, has announced that Decaf, a payments platform focused on stablecoin use in business payments, has embedded OwlPay Harbor as the regulated payment infrastructure behind Decaf Business, its company account product. Companies and organisations incorporated outside the US can now hold a US dollar account in their own name, fund it, and pay suppliers, employees, and contractors in the US without first setting up a US entity.
How the arrangement works
Under the model, Decaf manages the customer relationship, onboarding, and interface, while OwlPay Harbor operates underneath as the licensed infrastructure layer. Owlting earns fees on the payment volume processed through Harbor. Revenue from the channel therefore scales with Decaf’s commercial activity rather than requiring a separate sales cycle for each end customer. According to Darren Wang, Founder and CEO, Owlting Group, each new corridor reaches a partner’s entire customer base at once, and the company expects other platforms to follow.
Harbor already carries live payments on Decaf’s platform. In July 2026, it moved scholarship and per diem funds for delegates at the International AIDS Conference in Brazil, and Decaf Business has been in production on Harbor since August 2026.
Platform capabilities
Eligible customers fund accounts via domestic wire and ACH, with balances held as USDC on the Stellar network. For outbound payments, Harbor supports US domestic payouts by wire, ACH, and RTP, as well as card payouts to eligible US debit cards through a Visa Direct integration. The flow is managed from a single dashboard, with verification applied on a risk-based model according to transaction profile, size, and applicable regulatory requirements. Current users include US-registered companies in the renewable energy equipment trade whose finance teams move funds across the US, Latin America, and Asia.
Latin America and the Caribbean traded USD 1.18 trillion in goods with the US in 2024, and around 96% of trade across the Americas has been invoiced in US dollars, according to the release. Even so, businesses in the region typically route dollar payments through chains of intermediary banks, incurring settlement delays and fees at each step. The companies cite direct dollar account access as one factor behind the region’s 63% year-on-year growth in on-chain value received, second only to Asia-Pacific. Decaf operates in markets including Colombia and Mexico, combining US dollar accounts and local-currency rails with a cash network serving businesses and individuals underserved by traditional banks.
Humanitarian use cases
Non-commercial organisations also use the infrastructure. US-based humanitarian health organisation MedGlobal and the International AIDS Society (IAS), which has members in more than 170 countries, use OwlPay Harbor through Decaf to fund and convert money for their programmes, including payments to local staff and contractors. Many of these payments go to areas with limited banking coverage, such as parts of the Middle East and North Africa, sub-Saharan Africa, and Latin America, where Decaf pairs Harbor with local bank, card, and cash payout partners. In addition, a donation programme in Wyoming follows a similar model, with funds held as stablecoins and each movement traceable on a public blockchain.
Next steps
In September 2026, Owlting secured a money transmitter licence in Connecticut, extending its payment operations to 43 US states. The company expects to enable payouts from overseas-held dollar accounts to eligible non-US debit cards and their linked bank accounts by the end of 2026. Decaf Business customers also intend to begin paying suppliers in China and Singapore using Harbor’s payout coverage in Asia.
