Latest news with #Paystand
Yahoo
14-05-2025
- Business
- Yahoo
Experts say Bitcoin is ‘evolving into everyday money' as adoption picks up
The world of crypto is moving fast — and the next two to three years could bring a seismic shift in how money works. From Wall Street to Latin America, from luxury jet charter companies to peer-to-peer platforms in the Global South, voices from across the digital asset space agree on one thing: crypto is maturing. And that means Bitcoin may soon go from an investment tool to something you use like cash — while blockchain quietly rewires the global financial system underneath it all. For Steven Geller, Head of Bitcoin Engineering at Block, the narrative has already started to shift. 'Over the next 2–3 years, the big story for bitcoin is its evolution into everyday money,' Geller said. 'We're now on the cusp of further adoption for payments, which is making it a true medium of exchange.' He sees a future where Bitcoin feels as easy and familiar to use as tapping a card — thanks to seamless payment systems and even AI agents capable of transacting autonomously. As per Kraken's price feeds, Bitcoin is trading at $104,017, up 0.3% over the past 24 hours and 7.3% over the past week. Jeremy Almond, CEO of Paystand, is seeing it happen firsthand. 'Bitcoin adoption is accelerating globally, not just as a savings asset, but as the foundation of real circular economies where people are living, working, and getting paid in BTC,' he explained. At Paystand, Almond says they're laying the rails for a financial future where peer-to-peer commerce becomes the global standard — and Bitcoin is the engine behind it. Ray Youssef, CEO of NoOnes, believes that change will start where it's needed most: the streets of the Global South. 'Over the next 2–3 years, crypto adoption will explode where it's needed most,' he said. 'Real adoption won't come from Wall Street suits but from the streets.' He predicts an explosion in peer-to-peer crypto activity across countries where traditional systems have failed, and where digital money offers more freedom than fiat ever could. Yasin Oral, CEO of Turkish crypto exchange Paribu, sees another massive force behind the crypto surge: institutions. 'We could see the next billion users come on-chain faster than many anticipate,' Oral said. 'This shift is helping validate the industry and build a more resilient and trusted ecosystem.' From improved UX to more regulation and real-world utility, Oral says crypto is evolving rapidly — and that speculation is giving way to real value. But not everyone thinks the leap to day-to-day crypto spending will happen overnight. Kyle Patel, President of Bitlux, says many users still see Bitcoin as a store of value — and that the shift toward daily utility will come when more people are actually paid in crypto. 'Very few accounts purchase crypto for the purpose of transferring it,' he said. 'However our largest crypto accounts earn crypto, not dollars — therefore spend the crypto.' As Patel sees it, the more people earn in crypto, the more they'll use it — and that's what will fuel the next chapter of adoption.
Business Wire
13-05-2025
- Business
- Business Wire
Cleo and Paystand Join Forces to Revolutionize B2B Payment Automation Through Ecosystem Integration
CHICAGO & SCOTTS VALLEY, Calif.--(BUSINESS WIRE)-- Cleo, the global leader in ecosystem integration and provider of the Cleo Integration Cloud (CIC) platform, today announced a strategic partnership with Paystand, a B2B payments solution provider that works largely with retailers, manufacturers, distributors, and software vendors. Paystand helps businesses automate their order-to-cash and accounts receivable (AR) processes, providing a feeless proprietary bank-to-bank payment rail. By eliminating manual AR tasks, Paystand enables companies to collect revenue faster and with less effort. 'Since partnering with Cleo, we're able to offer our customers a fully automated order-to-cash cycle with no manual effort,' said Todd Kibisu, Channel Account Manager at Paystand. 'Cleo's platform automates the creation of sales orders and invoices in our customers' ERP systems, and Paystand seamlessly takes over at this point by automating AR processes through the reconciliation of funds. Together, we're enabling businesses to save time, reduce costs, and unlock new growth opportunities.' Through this collaboration, Paystand also delivers ecosystem integration to customers, offering: Streamlined Operations: Eliminate manual data entry for AR tasks and integrate directly with ERP, eCommerce, and accounting systems. Enhanced Visibility: Comprehensive views of payment transactions, improving tracking, reducing fees, and mitigating risks. Improved Customer Experience: Integration with CRM systems enables better customer support, communication, and overall management. 'We are thrilled to partner with Paystand and combine their innovative payment automation technology with the power of Cleo Integration Cloud,' said Ken Lyons, Chief Revenue Officer at Cleo. 'This partnership allows businesses to easily integrate their ERP and payment systems to improve cash flow and invoicing efficiency. By joining forces, we're delivering a future-ready solution that transforms how businesses handle payments in the ever-evolving and growing digital economy.' About Paystand Paystand's on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and automate the entire cash lifecycle. Our software makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue. To learn more, visit About Cleo Integration Cloud Cleo Integration Cloud (CIC) is a cloud-based integration platform, purpose-built to design, build, operate, and optimize critical ecosystem integration processes. The CIC platform brings end-to-end integration visibility across API, MFT, EDI, and non-EDI integrations, giving technical and business users the confidence to rapidly onboard trading partners, enable integration between applications, and accelerate revenue-generating business processes. On the platform, businesses have the choice of self-service, managed services, or a blended approach – ensuring complete flexibility and control over their B2B integration strategy. About Cleo Cleo is an ecosystem integration software company focused on business outcomes, ensuring each customer's potential is realized by delivering solutions that make it easy to discover and create value through the movement and integration of B2B enterprise data. Cleo gives customers strategic, 'outside-in' visibility into the critical end-to-end business flows happening across their ecosystems of partners and customers, marketplaces, and internal cloud and on-premise applications. Our solutions empower teams to drive business agility, accelerate onboarding, facilitate the modernization of key business processes, and capture new revenue streams by reimagining and remastering their digital ecosystem through robust application, B2B, and data integration technologies. For more information, visit or call +1.815.282.7695.
