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Bottomline Brings USDC Stablecoin Payments into Enterprise Payment Workflows

  • Bottomline completed its first cross-border stablecoin payments via USDC on its Global Payments Hub & Cash Management platform.
  • The transactions were executed as an intra-company transfer using USDC issued by regulated affiliates of Circle (NYSE:CRCL).
  • The integration allows stablecoin payments to coexist with traditional methods within a single workflow, enabling seamless interoperability between centralized & decentralized finance.
  • Treasury teams can now manage digital assets alongside fiat currency using existing approvals, controls, & audit processes without separate portals.
  • The system provides near real-time settlement for cross-border scenarios, avoiding the delays caused by multiple intermediary banks.
  • Colin Swain of Bottomline stated the milestone proves stablecoins are now a practical, trackable payment option for finance teams.
  • Spencer Spinnell of Circle noted the move makes digital dollars more accessible by complementing existing financial infrastructure.
  • Bottomline processes over $16 trillion in payments annually & is a portfolio company of Thoma Bravo.
  • Circle operates the world's largest stablecoin network anchored by USDC & offers the Arc enterprise-grade blockchain.
Company
Bottomline Technologies, Inc.
Keywords
Bottomline Technologies, Inc., stablecoin, USDC, cross-border payments