Journal

Announcing Stablecoin Payment Accounts

Introducing Stablecoin Payment Accounts (SPAs). SPAs offer a faster, more flexible way to move money domestically and internationally—no FBO (For Benefit Of) account required.

May 15, 2025

Ani NarayanStablecoin Product Lead

Today, we’re introducing Stablecoin Payment Accounts (SPAs)—USD-backed accounts that let companies send and receive payments over ACH, wire, RTP, and stablecoin rails through a single API. SPAs offer a faster, more flexible way to move money domestically and internationally with compliance built-in—no FBO (For Benefit Of) account required.

SPAs expand on what we announced last month—global payouts via stablecoins with our partner, Brale.

Launch in Two Weeks with Built-In Compliance—No FBO Required

Traditionally, platforms handling funds on behalf of their users have relied on complex setups that are expensive and time-consuming, like FBO accounts. This process can often take months and lead to product launch delays. With Stablecoin Payment Accounts, companies can start programmatically moving money in as little as two weeks. And thanks to our partnership with Brale, a stablecoin infrastructure provider with MTLs, you can do this without sacrificing control.

Access USD Payment Accounts Globally

Stablecoin Payment Accounts are accessible to companies in the US and select international entities that meet regulatory and compliance standards. Funds can be held in widely-accepted stablecoins issued by Circle, Paxos, and Brale, with support for additional assets over time.

Send and Receive Payments via ACH, Wire, RTP, and Crypto Rails

The promise of Modern Treasury has always been “code once, send many ways.” Stablecoin Payment Accounts extend that promise, giving companies a new way to move money quickly without the hurdles of complex integrations.

Stablecoin Payment Accounts support both fiat and stablecoin payment rails through a single, unified API. Companies can:

Send and receive US Dollars over ACH Debits and Credits, Same-Day ACH, Wire, and RTP. Counterparties don’t need a crypto wallet—just a traditional bank account.
Send and receive stablecoins globally to any wallet over major crypto rails including Base, Tron, and Solana.

Funds are automatically converted between USD and stablecoins, making settlement seamless.

Stablecoin Payment Accounts Flow of Funds Example

Enterprise-Level Payment Operations for Finance Teams

Designed with finance teams in mind, Stablecoin Payment Accounts provide unified approvals, comprehensive payment templates, and robust role-based permissions across both fiat and stablecoin transactions. Teams can manage large-scale financial operations confidently and efficiently.

For example, companies can continue using their existing wire templates for intra-company transfers, while adding stablecoin rails for specific use cases or corridors, without disrupting their underlying processes or user experiences.

Automatic Reconciliation and Real-Time Visibility

As is the case for all other payment rails supported by Modern Treasury, SPA users gain real-time visibility and see instant reconciliation for every transaction across fiat and stablecoin payments. This reduces manual effort, minimizes errors, and simplifies financial operations through automated, integrated workflows.