Rapyd has introduced its Stablecoin Payment Solutions, a new suite of products designed to enable businesses to accept, settle, and disburse funds using stablecoins. This initiative positions stablecoins for broader enterprise adoption in everyday payments and settlements, addressing challenges associated with volatile currencies and traditional settlement times.
Stablecoin volumes across blockchains reportedly surpassed $27 trillion, exceeding the combined payment volumes of Visa and Mastercard in the same year. This scale indicates a shift across various sectors, including gaming, e-commerce, and traditional retail. Rapyd’s solution aims to integrate stablecoins into enterprise operations by providing a single platform.
The new product suite allows businesses to accept stablecoin payments from global customers, with immediate conversion into preferred fiat currencies. It also facilitates secure stablecoin payouts to businesses and end-users worldwide, available 24/7/365. Furthermore, companies can settle in stablecoins to potentially enhance liquidity and reduce dependence on conventional payment rails such as SWIFT or ACH.
Arik Shtilman, CEO and Co-Founder of Rapyd, stated that stablecoins have progressed from an early-stage concept to a global utility. He noted Rapyd’s objective is to simplify stablecoin integration into global money movement and provide businesses with greater control over fund transfers.
The launch coincides with a period of evolving regulations, including the GENIUS Act in the US and MiCA in Europe, along with similar initiatives in other markets. These regulatory developments are seen as accelerating stablecoin adoption by establishing clearer operating standards. This regulatory clarity, coupled with demand from industries like gaming and online trading, is influencing financial infrastructure.
David Rosa, General Manager of Rapyd’s Scale Business Unit, commented that enterprises are pressured to manage real-time liquidity across multiple currencies and jurisdictions. He explained that Rapyd’s Stablecoin Payment Solutions are designed to remove these barriers by combining stablecoin rails with existing treasury, payout, and settlement infrastructure. This aims to allow chief financial officers and operations teams to move funds instantly, reduce foreign exchange exposure, and minimize intermediaries.
Rapyd’s end-to-end solution is developed for enterprises requiring stability and speed in cross-border payments. It offers faster payouts for global businesses, potential reduction in foreign exchange exposure for platforms and marketplaces, and enables beneficiaries in the creator economy to receive payments with an instrument pegged to a currency value, including in emerging markets. By integrating stablecoin capabilities with its existing global payments network, Rapyd seeks to serve as a unified provider for businesses managing both fiat and digital currencies.
Rapyd, with offices in locations including London, Tel Aviv, Dubai, Iceland, Amsterdam, San Francisco, Miami, Hong Kong, and Singapore, provides a network and platform for payment, payout, and fintech experiences. It supports businesses in managing supplier payments and customer receipts, domestically and internationally.
Rapyd’s stablecoin-related services are facilitated through partnerships with regulated third-party providers. Rapyd itself does not issue, custody, or directly process crypto assets. All crypto-related services are subject to the terms, conditions, and regulatory status of these third-party partners. The company collaborates with partners that adhere to applicable regulatory requirements in each jurisdiction.
