A Peruvian Fintech Is Changing the Logistics Landscape of Trade Between the Americas and Asia, Offering Solutions Banks Do Not

What do financial technology, international trade between the Americas and Asia, and stablecoins have in common? The answer is a Peruvian fintech that provides innovative payment solutions and fast alternatives to banking services that have become obsolete. Its name is Linka, and its growth is expanding across different parts of the world.

Víctor Egoavil, CEO and founder of Linka, says Peru is moving from being a secondary player on the regional logistics map to becoming one of Latin America's most important distribution hubs. "Peru is key" is a slogan often heard among Peruvian businesspeople. Linka not only knows this, it is already putting it into practice.

The executive explained that Peru's port transformation is opening an unprecedented opportunity for stablecoins in international trade.

It is worth noting that Peru has a 2024–2030 National Port Development Plan that projects significant expansion of its maritime infrastructure, with the stated goal of positioning the country as a port hub on South America's west coast.

According to Egoavil, the most visible point of this transformation is the Port of Chancay, a megaproject financed by Cosco Shipping Ports that is already operating as a high-capacity multipurpose terminal.

"Peru has become a key country in the Americas. Not only because of ships and cargo capacity, but because of its role as a logistics hub that will collect products from Brazil, Bolivia, Colombia, and neighboring countries, and distribute them through this port," Egoavil emphasized.

According to the executive, the country is expected to have ten operational ports within the next five or six years, which would establish Peru as a major logistics hub.

"That brings greater opportunity, greater interest, and greater investment, not only from countries neighboring Peru, but also from foreign investors," he said.

Traditional Banks Are Losing Ground as Linka Moves Ahead

According to Linka's CEO, international trade had traditionally been served exclusively by banks, with several problems. One of them is the limited availability of lending. In this context, he emphasized that the liquidity provided by stablecoins something merchants need to make their payments offers a solution.

Estimates indicate that the volume processed by DP World and APM terminals in Callao reached USD 60 billion in 2024, while Chancay is projected to reach USD 50 billion in its own volume by 2030 or 2031. These figures illustrate the scale of the market Linka aims to capture.

"The benefit of stablecoins is that you receive the payment today, the transaction is cheaper, and, above all, it is traceable and much faster. There are no correspondent banks and no delays," Egoavil said.

Use Cases

Linka is promoting a concrete use case for stablecoins in Peruvian foreign trade. The company enables importers and exporters to quickly access working capital through USDT-based financing (a stablecoin linked to the value of the U.S. dollar), while the local leg of the transaction is settled in national currency.

The solution is tangible and addresses one of the main challenges of cross-border trade: saving time between the shipment of goods, international collection, and payment of local obligations.

It is important to note that, unlike other uses associated with cryptocurrencies, Linka focuses its proposition on the operational needs of foreign trade.

"The company provides USDT liquidity to finance shipments when the transaction requires it and then facilitates settlement in fiat currency, allowing the commercial process to continue without relying exclusively on traditional financial mechanisms," Egoavil explained.

Loans

The solutions are not limited to operational and logistics needs. Linka is also already providing USDT loans to both exporters and importers.

Relationship with Tether

Linka's expansion is backed by a direct investment made by Tether in 2024. According to Egoavil, Linka is the only Peruvian company in the group's portfolio.

About Linka

Linka is a Peruvian fintech that provides payment infrastructure using stablecoins and fiat currency. Its proposition is to move money across borders without the friction of traditional banking networks.

It operates in Peru, Mexico, Chile, Colombia, Argentina, Bolivia, and Honduras, supporting currencies such as PEN, MXN, CLP, COP, ARS, BOL, and USD. It also serves customers in the United States, Europe, and Asia.

The company is highly active in international trade, particularly along the Peru–China corridor. Among other services, it offers trade finance for importers and exporters, local-currency payments, and uses digital assets to finance taxes and logistics costs.