Paystand, a blockchain‑powered B2B payments network, has acquired Bitwage, a platform for stablecoin‑enabled cross‑border payouts. The deal positions Paystand to deliver enterprise‑grade stablecoin settlement and FX across its network, which has processed more than $20 billion in payment volume for 1,000-plus enterprises and over one million businesses worldwide.
This acquisition lands as stablecoin companies become mainstream financial plumbing: Stripe acquired Bridge for $1.1 billion, Ripple paid $1 billion for GTreasury, while BVNK is negotiating a $2.5 billion stablecoin infrastructure agreement with Mastercard and Coinbase. Emerging regulatory clarity in the U.S., U.K., Europe and Asia has converged to build confidence among CFOs on the acceptance of the digital currency. Together, these shifts have pushed stablecoins past $300 billion in market cap, with policymakers projecting trillion‑dollar scale later this decade.
“Stablecoins just crossed from crypto curiosity to regulated money movement,” said Jeremy Almond, CEO of Paystand. “What’s been missing is an enterprise‑scale network to apply them to real‑economy use cases—supplier payments, trade, logistics, energy, and manufacturing. Paystand + Bitwage connects stablecoin rails to the $100‑trillion B2B economy with the automation CFOs require—faster settlement, lower costs, and programmable treasury—without adding bank fees or complexity.”
“Bitwage proved that on‑chain dollars can pay teams and suppliers in minutes, not days, nearly anywhere,” said Jonathan Chester, co‑founder and CEO of Bitwage. “By joining Paystand, we bring that reach to enterprise AR/AP, FX and treasury at scale. This is how on‑chain dollars become working capital for global businesses.”
Moving from niche to mainstream, today stablecoin use is surging. According to a recent report, stablecoins rival the world’s largest payment networks in transaction volume. With $9 trillion in activity in 2025, up 87% from a year ago, stablecoins represent more than half of Visa’s throughput.
The United States GENIUS Act, MiCA in the EU, and new licensing regimes in Hong Kong and Singapore mark a global shift from experimentation to integration. These frameworks have legitimized stablecoins as regulated payment instruments. In parallel, Visa and Mastercard have begun settling transactions in USDC, and major financial institutions like BlackRock and Goldman Sachs are incorporating tokenized assets and stablecoin infrastructure.
Paystand’s acquisition of Bitwage is the enterprise counterpart to these moves—applying stablecoins to the industrial economy at scale.
What Paystand/Bitwage delivers
Global payables on stablecoin rails — Bitwage adds an API‑first, compliance‑tested payout engine supporting USDC, USDT, BTC, ETH, and local currencies across 200 countries, 90,000 recipients and 4,500 companies, now embedded into Paystand’s AR/AP network for fast, low‑cost cross‑border settlement.
Always‑on treasury and working capital — With 24/7 stablecoin settlement, CFOs can move liquidity between entities and regions in minutes while automating reconciliation on‑chain.
Enterprise governance with regulatory alignment — Designed to align with GENIUS Act obligations in the U.S. and global standards, offering corporates clear compliance and control frameworks.
One network, both sides of the ledger — Paystand already powers a robust receivables and payables network for thousands of enterprises; Bitwage extends that to mass payouts, FX and vendor and supplier payments, linking global order‑to‑cash and procure‑to‑pay in one programmable platform.
The combination of policy clarity, institutional adoption, and technical maturity makes this the moment for stablecoins to leap from fintech pilots to financial infrastructure. Stablecoins now settle more transaction value annually than most major card networks, and global corporates are beginning to take notice.
Ernst & Young states,
“Many organizations are eager to use stablecoins for cross-border payments … Beyond operational efficiencies, 87% of corporate respondents believe stablecoin adoption can deliver a competitive edge.”
Integration begins immediately for select enterprise customers, with broader rollout staged by corridor and currency. The company will enable fiat interoperability and provide treasury controls to match corporate risk policies.
