Paystand has acquired Bitwage in a move aimed at integrating stablecoins into enterprise-scale financial operations across global supply chains. Paystand, which operates a blockchain-powered B2B payments network that has processed more than $20 billion in volume for more than 1,000 enterprises and over one million businesses, will now integrate Bitwage’s stablecoin payout infrastructure as part of its broader commercial finance platform.
The acquisition arrives at a time when stablecoins are moving from niche applications to regulated money movement in corporate environments. Major financial institutions and payment firms are increasingly adopting stablecoin settlement, and global regulatory frameworks have advanced to provide clarity for enterprises evaluating on-chain payment flows. The combined company intends to make stablecoin settlement available as part of standard accounts receivable, accounts payable, and treasury workflows, with a focus on improving speed, reducing cost, and supporting more flexible cross-border liquidity management for CFOs and finance teams.
Recent market activity has signaled increasing institutional confidence in stablecoins. Companies such as Stripe, Ripple, and BVNK have recently made significant moves in stablecoin infrastructure and settlement, reflecting shifting expectations for enterprise adoption. Policymakers in the United States, Europe, and Asia have introduced licensing frameworks that treat stablecoins as regulated payment instruments. Meanwhile, major card networks have begun settling transactions in stablecoins, while asset managers and banks have started incorporating tokenized assets into their treasury infrastructure.
Stablecoin transaction volume reached $9 trillion in 2025, reflecting rapid growth in adoption and usage. The acquisition positions Paystand to align these developments with commercial workflows, including supplier payments, procurement, trade settlements, and multi-entity treasury management. The combined platform will support global payables and cross-border settlements using stablecoins, Bitcoin, Ether, and local currencies, with integrated compliance controls and reconciliation tools designed for institutional finance teams.
The Bitwage platform will be embedded directly into Paystand’s existing receivables and payables network. This will add support for mass payouts and international vendor and workforce payments, further linking order-to-cash and procure-to-pay processes into a single programmable environment. The transaction also aims to provide CFOs with the ability to manage liquidity around the clock and move funds between regions in minutes with automated on-chain accounting.
Enterprise rollout will begin with select customers, with expansion planned by payment corridor and currency. The company will offer fiat interoperability and treasury controls designed to align with corporate governance and risk frameworks.
KEY QUOTES:
“Stablecoins just crossed from crypto curiosity to regulated money movement. 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.”
Jeremy Almond, CEO of Paystand
“Bitwage proved that on-chain dollars can pay teams and suppliers in minutes, not days, nearly anywhere. 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.”
Jonathan Chester, Co-Founder and CEO of Bitwage
