Payments operations software provider Modern Treasury has launched a significant integration that allows businesses to process stablecoin settlements alongside traditional payment rails like ACH transfers, wire payments, and real-time payment networks. The company announced on Wednesday that its new integrated payment service provider (PSP) now supports stablecoins within the same infrastructure and compliance framework used for conventional fiat transactions.
Initially, the platform supports three regulated stablecoins: Global Dollar (USDG), Pax Dollar (USDP), and USD Coin (USDC), with plans to add Tether (USDT) in the future. This development effectively makes stablecoins another settlement option within conventional payment flows, potentially lowering operational barriers for businesses seeking to integrate blockchain-based payment rails.
The integration follows Modern Treasury's strategic acquisition of stablecoin and fiat payment platform Beam in October 2023, which provided the company with specialized expertise in blockchain payment infrastructure. The company has also partnered with Paxos to integrate regulated stablecoins and settlement capabilities into its platform and has joined the Global Dollar Network. Additionally, San Francisco-based Modern Treasury participates in Circle's Alliance Program, a partner network supporting broader USDC adoption in payments and financial services.
The operational implications are substantial: Companies using Modern Treasury no longer need separate vendors or technical integrations to process crypto-based and fiat payments. The system handles blockchain complexity in the background, presenting finance teams with a consistent interface regardless of payment rail used. This addresses a critical corporate treasury management pain point—fragmentation—where businesses previously needed separate systems and workflows for stablecoin transactions.
From a market perspective, this integration arrives as stablecoins see broader uptake across the payments industry, particularly following the passage of the US GENIUS Act in July 2025, which established a federal framework for dollar-backed stablecoins. The total value of stablecoins in circulation grew by nearly 50% in 2025, surpassing $300 billion for the first time, though growth has slowed recently with supply hovering around that level amid tighter liquidity conditions.
The competitive advantages of stablecoin settlements include significantly faster processing times (2-5 minutes versus 1-3 business days for ACH) and lower costs (network fees versus $15-$50 for wire transfers). This is particularly transformative for businesses with high-volume, cross-border payment needs or those operating in a 24/7 global economy.
Industry analysts view this as a logical evolution in financial technology. "The convergence of traditional and digital payment rails is inevitable for enterprise efficiency," notes a fintech research director from a major advisory firm. "Modern Treasury is positioning itself at that exact intersection, offering a familiar operational layer for a new asset class."
This development reflects broader industry trends where America's largest banks—including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo—have reportedly been in early discussions about a jointly operated stablecoin initiative. Last month, Fidelity Investments announced plans to issue a new stablecoin called the Fidelity Digital Dollar, with Fidelity Digital Assets president Mike O'Reilly describing stablecoins as "foundational payment and settlement services."
