# Knit > Digital Assets For Modern Rails Knit is a business payment infrastructure provider for digital assets. It offers APIs for wallet provisioning, payment collection, and automated payouts for businesses operating in global markets. Knit is a business payment infrastructure company that provides cryptocurrency and stablecoin payment services for companies operating across borders. It offers wallet provisioning, payment collection, and disbursement capabilities through application programming interfaces, allowing businesses to send and receive digital asset payments without directly managing wallet addresses or network fees. The platform is aimed at businesses in emerging and developed markets seeking to collect and disburse funds internationally. The service addresses the operational complexity of handling blockchain-based payments by separating custody from transaction execution. A business wallet holds custodied funds and governs know-your-business verification and manual withdrawals, while a separate API account funds automated collections and payouts. Collections generate single-use or reusable deposit addresses with webhook notifications, and payouts can be automated with IP whitelist enforcement and multi-signature approval policies. Knit's offerings span business wallets for custody, vault wallets for independent asset management, and payment links for collecting funds from customers, all supporting multiple blockchain networks. It is used by businesses looking to expand into new markets, streamline cross-border remittances, and process global payments using digital assets pegged to fiat currencies. - Type: Company - Sector: Payments - Status: Active - Founded: 2024-04-10 - Profile: https://thegrid.id/profiles/knit ## Products - [Knit Platform](https://thegrid.id/profiles/knit): Knit Platform is a payments infrastructure product that lets businesses collect, hold, and disburse cryptocurrency and stablecoin payments through a REST API and dashboard. It provides reusable and single-use deposit wallets, payment links, and programmatic payouts, with webhook notifications for state changes such as collection and payout completion. Businesses fund a dedicated API account from their main wallet to power automated payouts, while a separate managed signing service supports policy-based approval workflows for wallets used with payment networks such as Circle's. The platform serves businesses seeking to accept customer payments, manage treasury wallets, and automate outbound payouts across multiple blockchains and stablecoins. (Payments Infrastructure & Orchestration, Live, Main Product) ## Links - [Main](https://useknit.io) - [Privacy policy](https://www.useknit.io/privacy-policy) - [Terms of Service](https://www.useknit.io/terms-and-conditions) - [Documentation](https://docs.useknit.io) - [LinkedIn](https://www.linkedin.com/company/knit-labs) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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