NoxPay applies for Central Bank of Brazil license

NoxPay has officially filed a request with the Central Bank of Brazil to be registered as a Virtual Asset Service Provider. The application, filed on October 30, 2026, seeks authorization to operate within the foreign exchange market.

Operating under B2B and B2B2C models, the company provides settlement infrastructure for banks and fintechs. NoxPay integrates the Pix instant payment system with stablecoin conversions, utilizing the Stellar network to facilitate international financial rails. Reports indicate the institution processes a monthly volume of approximately US$ 330 million on the Stellar network.