Modern Treasury Acquires Beam to Add Stablecoins

Modern Treasury acquired Beam to create a money movement platform that includes both traditional and stablecoin settlement rails.

The transaction brings together Modern Treasury’s infrastructure for global money movement and Beam’s stablecoin and fiat payment platform, the companies said in a Wednesday (Oct. 22) press release.

The combined platform will support real-time payments via stablecoins, push-to-card, the RTP® network and the FedNow® Service, as well as traditional rails like ACH and wires, according to the release.

Modern Treasury will offer this in a single API and will handle know your customer (KYC), know your business (KYB) and anti-money laundering (AML) requirements, the release said.

The platform will enable instant payouts, on- and off-ramping flows, and more efficient treasury operations, per the release.

“Together, we’re creating the best infrastructure to move money instantly—without the delays and limitations of banks or card-first payment providers,” Modern Treasury co-founder and CEO Matt Marcus said in the release.

Beam founder Dan Mottice joined Modern Treasury as head of Beam, according to the release.

“Beam’s stablecoin and fiat orchestration capabilities will be woven directly into Modern Treasury’s platform to unlock instant pay-ins and payouts, FX efficiency and next-generation liquidity management, all within a trusted enterprise-grade system,” Mottice said in the release.

PYMNTS reported in March that stablecoins have started to decouple themselves from crypto exchanges and position themselves as a component of real-world financial infrastructure.

Stablecoin adoption has set its sights on potentially practical, real-world applications like cross-border payments and corporate treasury operations.

The adoption of real-time payments is also accelerating. The PYMNTS Intelligence report “Pivotal Moment: Banks’ Real-Time Payments Opportunity in 2025” found that 93% of banks that enable instant payments report a positive impact on customer retention.

In some other additions to Modern Treasury’s offerings, the company debuted an artificial intelligence platform in May purpose-built for enterprise payments and featuring an AI agent designed to meet the needs of payment operations; partnered with IT services consulting firm Blankfactor in April to strengthen Modern Treasury’s professional services offering for enterprise customers requiring specialized technical resources; and expanded its instant payments support for mutual clients of six top banks in August.