Modern Treasury integrates stablecoin settlement alongside ACH and wires

• Modern Treasury integrates stablecoin settlement alongside ACH and wires The payment software company has integrated stablecoin settlement into its existing payments stack, combining USDG, USDP and USDC with traditional rails. • Cointelegraph in your social feed Modern Treasury, a payments operations software provider that helps companies manage and reconcile money movement, has introduced an integrated payment service provider (PSP) that supports both traditional fiat rails and stablecoins. • On Wednesday, the companyannouncedthat it has added stablecoin settlement to the same infrastructure that businesses already use for ACH transfers, wire payments and real-time payment networks. • At launch, the platform supports Global Dollar (USDG), Pax Dollar (USDP) and USDC (USDC), with USDt (USDT) expected to be added in the future. • Modern Treasureacquiredstablecoin and fiat payment platform Beam in October. • The company has partnered with Paxos to integrate regulated stablecoins and settlement capabilities into its platform and has joined theGlobal Dollar Network.

Sources:

• https://cointelegraph.com/news/modern-treasury-integrates-stablecoin-settlement-alongside-ach-and-wires?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound