The transactions, using Circle’s USDC stablecoin, marked Bottomline’s first live stablecoin transactions through its Global Payments Hub and Cash Management platform, completed as an intra-company transfer, per the release.
“Completing our first cross-border stablecoin payments shows this is now a practical option for finance teams, not a future conversation,” Colin Swain, global head of product for corporate solutions at Bottomline, said in the release. “Our aim has always been to make stablecoin feel like any other payment method, something treasury teams can send and track from the same place they manage everything else. The same thinking applies to the banks we work with. Their customers’ expectations are changing quickly, and they need to add new ways to pay without rebuilding what already works. Making new payment rails fit alongside existing ones is how we help businesses and banks grow at their own pace.”
Stablecoin payments can live alongside existing payment types instead of replacing them, giving finance teams the ability to pick the right option for each payment from one place, according to the release.
“By integrating USDC into existing enterprise payment systems, Bottomline is expanding how finance teams can access these capabilities without introducing entirely separate payment workflows,” the release said.
Meanwhile, stablecoins can help alleviate the working capital cost that comes with cross-border payments, PYMNTS reported Oct. 16.
“Payment providers frequently need funds available in advance to make payouts in other markets,” the report said. “For a company operating across currencies and time zones, that can mean maintaining cash in multiple bank, settlement or network accounts so payments can proceed when customers send them.”
Stablecoins are taking on a new role in the process, as 24/7 funding can shrink the amount of cash providers must position ahead of time and the amount of time it remains committed, the report said.
Finance departments are already focusing more attention on cash availability. The September Working Capital Index from PYMNTS Intelligence showed that the index for North American middle-market firms dropped 6% to 51.6 in 2026, its first downturn in four editions. Companies received 12% of customer payments early, a 35% drop from a year earlier, while 83% used a working capital solution, the largest share recorded in the series.
