Modern Treasury launches integrated PSP for fiat and stablecoins

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Modern Treasury has launched an integrated payment service provider (PSP) that helps companies embed fiat and stablecoin payments into their products.

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This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Called Payments, the PSP enables firms to programmatically open payment accounts and move money via ACH, wire, RTP/FedNow, push-to-card, and stablecoins, including USDG, USDP, and USDC, with USDT coming soon.

Under the hood, Payments is built on the same Modern Treasury orchestration layer, ledger, and reconciliation system that has processed more than $400 billion for companies like Anchorage Digital, Float, Gusto, Navan, Procore, and Sling Money.

Modern Treasury says the offering lets clients go live with products in days not months, benefit from one API for both fiat and stablecoins, and get usage-based pricing.

The company is leaning heavily into stablecoins after acquiring Beam late last year. It has since partnered with Paxos to integrate regulated stablecoins and settlement into its platform and has joined the Global Dollar Network to support broader adoption.

Matt Marcus, CEO, Modern Treasury, says: “Too many companies are held back by unreliable payments infrastructure and slow, complex bank integrations. With Payments, we’re giving teams a faster path to market than BaaS or securing their own bank sponsorships.”

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