Checkout.com collaborates with Fireblocks to provide merchants with stablecoin settlement solutions, allowing 24/7 access to funds including weekends and holidays.
The solution utilizes USDC, achieving over $300 million in settlements in the private beta program, enhancing liquidity and reducing operational complexity.
Fireblocks' expansion into payments with Checkout.com marks the entry of their new crypto payment technology to the PSP market.
Plans to broaden the assets range for settlement are underway, and prominent businesses like FTX are already integrating these solutions.
The innovation aligns with the findings from Checkout.com's 'Demystifying Crypto' report demonstrating a growing interest in stablecoins among finance leaders.

Checkout.com provides a seamless digital payment platform enabling businesses globally to process payments, manage money flow, and optimize transaction value in real time. Their services include debit and credit card processing across various markets, subscription management, mobile payment support, and seamless payouts. They empower merchants with tools to enhance acceptance rates, combat fraud through identity verification, authentication, and customizable fraud detection. Additionally, Checkout.com offers card issuing, allowing businesses to create custom payment cards. Their scalable platform ensures uptime and resiliency across multiple availability zones, with comprehensive support for their global payment network in over 50 countries.

Checkout.com

Global payment processing platform with extensive fraud and identity services.

Checkout.com Introduces Stablecoin Settlements with Fireblocks

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