Payments platform Decta will integrate stablecoins into its back-end treasury operations by using OpenPayd’s infrastructure to convert company funds into USDC for international settlements, aiming to speed up transfers and enhance liquidity management.
Scott Dawson, CEO of Decta UK, provided insights on the internal fund transfers within the company. He stated, “Through OpenPayd’s regulated infrastructure, Decta converts its own fiat into a digital settlement instrument, moves it across markets near-instantly.”
OpenPayd secured authorization under MiCA in June, enabling it to provide crypto services across the European Economic Area. The integration aims to improve the efficiency and speed of fund transfers within the company’s treasury operations.
The move is expected to benefit Decta’s hundreds of companies operating across 32 countries, facilitating smoother international transactions.
Written by Steven Cook
Regulation Desk