Modern Treasury introduces stablecoin payment accounts
Today, we're introducing Stablecoin Payment Accounts (SPAs)—USD-backed accounts that let companies send and receive payments over ACH, wire, RTP, and stablecoin rails through a single API.
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SPAs offer a faster, more flexible way to move money domestically and internationally with compliance built-in—no FBO (For Benefit Of) account required.
SPAs expand on what we announced last month—global payouts via stablecoins with our partner, Brale.
Launch in Two Weeks with Built-In Compliance—No FBO Required
Traditionally, platforms handling funds on behalf of their users have relied on complex setups that are expensive and time-consuming, like FBO accounts. This process can often take months and lead to product launch delays. With Stablecoin Payment Accounts, companies can start programmatically moving money in as little as two weeks. And thanks to our partnership with Brale, a stablecoin infrastructure provider with MTLs, you can do this without sacrificing control.
Access USD Payment Accounts Globally
Stablecoin Payment Accounts are accessible to companies in the US and select international entities that meet regulatory and compliance standards. Funds can be held in widely-accepted stablecoins issued by Circle, Paxos, and Brale, with support for additional assets over time.
Send and Receive Payments via ACH, Wire, RTP, and Crypto Rails
The promise of Modern Treasury has always been 'code once, send many ways.' Stablecoin Payment Accounts extend that promise, giving companies a new way to move money quickly without the hurdles of complex integrations.
Stablecoin Payment Accounts support both fiat and stablecoin payment rails through a single, unified API. Companies can:
Send and receive US Dollars over ACH Debits and Credits, Same-Day ACH, Wire, and RTP. Counterparties don't need a crypto wallet—just a traditional bank account.
Send and receive stablecoins globally to any wallet over major crypto rails including Base, Tron, and Solana.
Funds are automatically converted between USD and stablecoins, making settlement seamless.
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