Bottomline brings USDC stablecoin payments into platform

Bottomline is integrating USDC stablecoin payments into its global infrastructure. For retailers and operators, this marks a shift in how money moves across borders. Traditionally, international payments are slow and expensive due to intermediary banks. By using stablecoins pegged to the US dollar, transactions can settle almost instantly at any time of day. This technology is moving out of the crypto-niche and into professional business platforms. While this specific update focuses on business-to-business (B2B) payments and cash management, the implications for consumer financing are significant. Faster settlement between lenders and merchants means better liquidity for your business. If your financing partner can settle your daily volume using these rails, you get access to your capital faster than traditional ACH or wire transfers. It also paves the way for future consumer-facing payment options that bypass traditional credit card networks. For now, this is a signal that the plumbing of the financial world is being upgraded. It reduces the 'friction' of moving money, which eventually lowers the cost of doing business for everyone in the retail chain.

Source: Finextra

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