Overview
Our chain is designed to eliminate the friction between crypto and fiat by turning ramping into a programmable, secure, and verifiable onchain primitive.
With a single authentication event, users unlock seamless access to stablecoin on/off ramping globally backed by technical guarantees at the protocol level.
Problem
Fiat ↔ Stablecoin is Still Broken
Stablecoins enable crypto native value transfer, but conversion between crypto and fiat remains operationally brittle, opaque and painful:
- Offchain integration coordination is difficult due to unstandardized APIs and account management
- Compliance and AML are fragmented across every integration
- Settlement guarantees are weak in unregulated regions
- Prices swing wildly due to chain and liquidity fragmentation
Codex solves these issues by treating identity, compliance, and fiat transfer as programmable, verifiable, and secure onchain primitives.
We achieve a part of this by embedding identity, compliance, and fiat integration directly into the chain’s execution and consensus layers: