Dotfile has partnered with Bastion to provide onboarding and risk management for enterprise stablecoin programs, positioning the tie-up as a response to rising expectations that stablecoin issuers and infrastructure providers operate with bank-grade compliance controls. The companies said the integration will support both institutional onboarding and end-user onboarding for branded stablecoins, as large enterprises explore tokenized treasury use cases and potential consumer payment applications.
In its announcement, Bastion pointed to New York’s approach to issuer oversight, saying it operates under the New York Department of Financial Services regime as one of a small set of limited purpose trust companies. NYDFS allows virtual currency firms to operate either through a BitLicense or a charter under New York Banking Law, including limited purpose trust company status, with approval to conduct virtual currency business.
The partnership lands as stablecoins continue moving into mainstream financial infrastructure. In that context, the Dotfile and Bastion announcement frames branded stablecoins as an enterprise product category that requires scaled KYC and KYB workflows, auditable controls, and cross-border consistency.
Dotfile CEO Vasco Alexandre said Bastion’s enterprise roadmap “demands flexible, auditable onboarding that scales,” adding that the two firms are “enabling a compliant path from treasury to consumer rollouts.” Bastion Chief Risk and Compliance Officer Rohan Kohli said the company has been “hyper-focused on compliance” as it works to deploy stablecoin programs for large enterprises, and that Dotfile will help meet those standards “in a scalable and efficient way.”
Dotfile described the joint offering as an orchestration layer that can route onboarding through multiple verification methods and data sources, allowing organizations to support both KYB for institutions and KYC for individuals within a single compliance workflow. The companies said the platform will automate sanctions and politically exposed person screening, document verification, and risk assessments, while adapting to local regulatory requirements across jurisdictions.
The model echoes a broader market trend toward verification orchestration and reusable compliance components, including recent moves to bring richer business data into KYB stacks through integrations such as Signicat’s partnership with Markaaz. In stablecoin markets specifically, identity controls and AML expectations are becoming more central as payment-oriented rails scale as stablecoin payment platforms face growing KYC, sanctions, and monitoring pressure as they move beyond crypto-native users.
Dotfile said it currently derives roughly a quarter of its revenue from the U.S. and expects that figure to reach about half within 18 months, following the planned opening of a New York office in the first half of 2026.
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By Ji-seo Kim
