Payoneer, Modern Treasury and Wirex all announced stablecoin integrations this week, each addressing a different friction point in business money movement, from receiving and holding funds, to infrastructure fragmentation, to last mile disbursement. Payoneer has announced plans to embed stablecoin capabilities into its platform through a partnership with Bridge, the stablecoin infrastructure company owned by Stripe. The feature, targeting the company’s base of cross border SMBs, will allow businesses to receive, hold and send stablecoins as part of everyday financial operations. For example, a wholesaler accepting customer payments in stablecoin, or an agency using stablecoins to pay international suppliers.
Funds can be held in stablecoins or converted to local currency and withdrawn to a bank account, addressing a common friction point for businesses in emerging markets where fragmented workflows and local currency conversion have slowed stablecoin adoption. A trio of fintech players—Payoneer, Modern Treasury, and Wirex—this week rolled out stablecoin integrations aimed at easing business money movement. The initiative targets friction points from receival and custody to last-mile disbursement.
The feature supports real-world use cases, such as wholesalers collecting payments in stablecoins or agencies paying international suppliers with digital dollars. As stablecoins move deeper into business finance, these integrations could streamline workflows and broaden access to digital money movement across borders.
Leave a Reply