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Balboa launches from stealth as Panama's first stablecoin

Wednesday, April 08, 2026 — 16:08:05 (UTC)

BALBOA | CORP LAUNCHES FROM STEALTH AS PANAMA’S FIRST STABLECOIN TO STREAMLINE INTERNATIONAL TRADE, TRADE-FINANCE AND GLOBAL SHIPPING

April 8th 2026 - BALBOA | CORP , Panama’s first local stablecoin issuer and infrastructure company focused on shipping, trade settlement and escrow, today announced its launch from stealth, unveiling infrastructure designed to reduce payment friction in shipping, trade-finance and international commerce.

Built around the realities of trade moving through one of the world’s most important maritime corridors, including 40% of US trade and 12% of global shipping, BALBOA | CORP has been developed to address the financial and time friction that continues to shape global shipping and cross-border commerce. Following a sustained period of development, the company is now bringing to market infrastructure designed to tackle long-standing inefficiencies in how value moves around trade.

Its proposition is centered on improving the financial rails that support international trade corridor activity with all international companies that deal in and out of Panama and its canal, as well as wider global trade flows. The company’s technology will support same-day international payments and remittance and will provide access to on and off-ramp partners for banks in more than 150 countries, enabling blockchain-based workflows for trade-related processes.

The launch comes at a time when global supply chains, shipping routes and trade activity remain under pressure from a volatile international environment. Recent disruption around key maritime corridors, including the Suez Canal and, more recently, the Strait of Hormuz, has brought renewed attention to the importance of resilient trade infrastructure and the role that certainty, settlement and foreign exchange speed and coordination play in keeping goods and capital moving.

For BALBOA | CORP, this reinforces a broader point: modern trade cannot continue to rely on legacy financial processes that create unnecessary delay in time-sensitive commercial environments. While much of the discussion around shipping efficiency tends to focus on ports, vessels and cargo movement, BALBOA | CORP is focused on another part of the equation: the effective movement of money and settlement around trade.

Delayed deposits, cut-off times, fragmented payment processes and slow confirmation can all contribute to operational friction when goods, counterparties and funds need to move in sync. This is especially relevant in shipping, where payment timing can have direct commercial consequences. BALBOA | CORP has been built to address these long-standing challenges through infrastructure designed for faster, more coordinated movement of value.

Its stablecoin, BALBOA1, is built around Ethereum-based token management and includes features such as pausable transfers, blacklist protection and role-based access, reflecting a managed operating model built for real-world commercial activity. Panama provides a natural launch point for that proposition. As home to the Panama Canal, the country remains one of the most strategically important gateways in global maritime trade and the largest free-zone in the western hemisphere..

Kevin Conabree, Co-Founder and CEO noted that, “BALBOA | CORP was built around a simple belief: global trade still depends on financial infrastructure that has significant fragmentation. That is especially clear in shipping and trade settlement, where delays in moving money can have significant real-world consequences. We are proud to be building this infrastructure from Panama, a place that sits at the heart of global trade, and our greater vision is to positively impact the international market as the go-to stablecoin for international commerce”.

Notes to Editors: Balboa Corp is a Panama-based stablecoin infrastructure company building faster, more transparent settlement infrastructure for international shipping, trade finance and cross-border commerce. The company's stablecoin, BALBOA1, is a USD-backed digital currency purpose-built for the institutional B2B trade market, with direct integration into Panama's banking and maritime ecosystem.

Founded in Panama, home to the Panama Canal and the world's largest shipping registry, Balboa Corp is focused on replacing the legacy financial processes that create unnecessary friction in global trade. Its platform supports same-day international payments, on- and off-ramp access in more than 150 countries, and blockchain-based escrow and settlement workflows for trade transactions. BALBOA1 is available on Ethereum, TRON and Base, with every token backed 1:1 by USD held in trust or partner banks.

For more information, visit balboacorp.xyz.

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Source: Company press release.

Categories: Announcement