Utopia Labs is a financial technology company specializing in enabling access to cheaper, faster, and safer global payments using cryptocurrency for individuals and businesses. They use a website designed to facilitate practical, fee-free transactions with stablecoins, which users self-custody. Users can instantly onramp funds with zero fees, pay friends with stablecoins even if said friends are not cryptocurrency users, and lots more. The onramp of the company innovatively allows users to convert fiat money, such as the US dollar, directly into a stablecoin, USDC, through a simple five-step process that includes verification of KYC. This process supports various bank accounts and transfer methods like Wire and ACH and is compliant with crypto regulations. Utopia Labs emphasizes the ease of this process, which is completed in less than three days without transaction limits. The service is available exclusively on blockchain networks such as Ethereum, Avalanche, and Polygon. Founded in 2021 and headquartered in the Ethereum metaverse, Utopia Labs is a privately held company with a team size of 11-50 employees. The team includes professionals like Bryan Phillips, a software engineer; Shenell Raphael in HR and recruitment; Michael Hogue-Rennie; and Jihern Baek, the Head of Design.