Payments platform Decta will use USDC to settle its own funds internationally, bringing stablecoins into its back-end treasury operations.
Decta said Tuesday that it will use OpenPayd, a financial infrastructure company, to convert company funds into USDC for international settlement, according to an announcement shared with Cointelegraph.
“This is a proprietary treasury use case rather than a customer-facing payments flow,” Lux Thiagarajah, chief commercial officer at OpenPayd, told Cointelegraph.
“Decta transfers its own funds into OpenPayd’s regulated infrastructure, where they are converted into USDC via OpenPayd’s over-the-counter capabilities to support international operational settlements,” he added.
The integration shows how stablecoins are moving into traditional payments infrastructure as a tool for internal treasury and liquidity management, without making stablecoins part of its customer-facing payment…