Cowrie Research

arf-primary-sources-2026-04-26

4 min read

arf primary-source snapshot

Fetched: 2026-04-26 UTC

1) Official site / positioning

Source: https://arf.one/

Selected excerpts from the official site:

Liquidity for cross-border payments, unlocked.

A regulated liquidity and settlement platform for cross-border payment companies.

Compliance-first … regulated in Switzerland, Arf only provides services to licensed financial institutions, ensuring compliance.

Additional signals from the site:

  • arf is not positioning itself as a retail payments app or generic stablecoin company
  • The homepage centers liquidity, settlement, compliance, and prefunding elimination rather than end-user wallets or merchant checkout UX
  • Stablecoins appear as the settlement substrate, but the product framing is really about working-capital and corridor liquidity infrastructure

2) Liquidity product / prefunding elimination

Source: https://arf.one/arf-liquidity/

Selected excerpts from the product page:

Access liquidity for cross-border payments. Short-term. Receivable-backed.

Unlock real-time cross-border money transfers without prefunding in the destination market.

Short-term liquidity, with 1-5 days repayment terms … Receivable-backed, no collateral required.

Additional signals from the product page:

  • arf’s core product is best understood as credit/liquidity infrastructure for payment operators
  • The receivable-backed and no-collateral language distinguishes it from generic lending marketplaces or treasury dashboards
  • The public case-study framing shows the intended buyer is a remittance or payment company trying to accelerate corridor settlement and growth

3) Transparency / onchain operating model

Source: https://arf.one/transparency/

Selected excerpts from the transparency page:

Each transaction on Arf Liquidity is transparent, traceable, and visible with the power of blockchain.

With Arf Liquidity, all loans, repayments, and receivables can be traced through blockchain, creating a fully traceable borrowing record.

Additional signals from the transparency page:

  • The public dashboard link is a useful primary source because it shows arf wants transparency to be part of the product narrative
  • The onchain traceability claim suggests blockchain is being used as operational settlement and audit plumbing, not merely as marketing veneer
  • The page also reinforces regulatory framing via VQF membership disclosure

4) API surface / environments / auth model

Source: https://docs.arf.one/introduction-1261159m0 Source: https://docs.arf.one/environments-1261176m0 Source: https://docs.arf.one/authentication-1261164m0

Selected excerpts from the docs:

The Liquidity API is designed around RESTful architecture.

The API offers both sandbox and live environments.

The Liquidity API requires two authentication layers for secure access … API Key … RSA-4096 Signature.

Additional signals from the docs:

  • arf exposes a real integration surface, not just a relationship-managed credit product
  • The sandbox/live split and explicit auth model suggest institutions are expected to integrate programmatically
  • RSA-4096 request-signing requirements on sensitive endpoints are a notable operational detail and a useful clue about control expectations

5) Client onboarding / bank and chain data

Source: https://docs.arf.one/create-client-18921877e0 Source: https://docs.arf.one/create-bank-information-20886802e0 Source: https://docs.arf.one/create-chain-information-20886804e0

Selected excerpts from the docs:

Submits a new client profile for credit review, including name, country, contact details, address, and application date.

Create Bank Information

Create Chain Information

Additional signals from the docs:

  • The API docs show arf collecting both banking and blockchain endpoint details for a client, which fits the cross-border stablecoin-settlement thesis
  • The client profile is explicitly tied to credit review rather than to generic user registration
  • This looks like infrastructure for payment operators and institutional counterparties rather than a self-serve retail product

6) Credit simulation / credit issuance workflow

Source: https://docs.arf.one/check-credit-18921900e0 Source: https://docs.arf.one/create-credit-18921921e0

Selected excerpts from the docs:

Calculates interest and fees for a requested credit amount and due date, based on client-specific limits and pricing.

Submits a credit request for a specific client, initiating disbursement based on agreed terms, limits, and fees.

Additional signals from the docs:

  • The API exposes both pre-trade credit simulation and credit creation, which is strong evidence that liquidity issuance is a core product primitive
  • The workflow is not generic wallet infrastructure; it is explicitly credit and settlement infrastructure for payment operators
  • Due-date, pricing, and status fields help make arf legible as a short-duration operational credit platform

Notes

  • This pass did not locate a classic whitepaper or litepaper in official materials.
  • The strongest primary sources were arf’s homepage, liquidity and transparency pages, and the Liquidity API documentation.
  • arf appears best cataloged as regulated cross-border payments liquidity and settlement infrastructure, with stablecoins and blockchain serving as transparent settlement rails rather than the product’s only identity.

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