Paystand, a leading blockchain-powered B2B payments network, is acquiring Bitwage, the leading platform for stablecoin-enabled cross-border payouts.
The deal positions Paystand to deliver enterprise-grade stablecoin settlement and FX across its network, which has processed more than $20 billion in payment volume for 1,000-plus enterprises and more than one million businesses worldwide.
"Stablecoins just crossed from crypto curiosity to regulated money movement," said Jeremy Almond, CEO of Paystand. "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."
According to Paystand, the combined company will deliver:
- Global payables on stablecoin rails — Bitwage adds an API-first, compliance-tested payout engine supporting USDC, USDT, BTC, ETH, and local currencies across more than 200 countries and 90,000 recipients / 4,500 companies, now embedded into Paystand's AR/AP network for fast, low-cost cross-border settlement.
- Always-on treasury and working capital — With 24/7 stablecoin settlement, CFOs can move liquidity between entities and regions in minutes while automating reconciliation on-chain.
- Enterprise governance with regulatory alignment — Designed to align with GENIUS Act obligations in the U.S. and global standards, offering corporates clear compliance and control frameworks.
- One network, both sides of the ledger — Paystand already powers a robust receivables and payables network for thousands of enterprises; Bitwage extends that to mass payouts, FX and vendor and supplier payments, linking global order-to-cash and procure-to-pay in one programmable platform.
With this acquisition, Paystand becomes the first network to offer enterprise-scale, compliant, programmable money movement that connects real businesses—not just banks or exchanges—into the on-chain economy, the company said.
Integration begins immediately for select enterprise customers, with broader rollout staged by corridor and currency. The company will enable fiat interoperability and provide treasury controls to match corporate risk policies.
"Bitwage proved that on-chain dollars can pay teams and suppliers in minutes, not days, nearly anywhere," said Jonathan Chester, co-founder and CEO of Bitwage. "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."
For more information about this news, visit www.paystand.com.