Payments platform Decta explores stablecoin-enabled treasury settlement
Decta will use USDC through OpenPayd’s infrastructure for international treasury settlement, seeking faster transfers and more efficient liquidity management.
Payments platform Decta is exploring the use of stablecoins for its treasury settlement operations. The company announced that it will utilize USDC, a stablecoin, through OpenPayd's infrastructure to facilitate international treasury settlement. This move is aimed at speeding up transfers and improving liquidity management. Decta UK CEO Scott Dawson stated that the integration will enhance the speed and resilience of the company's treasury operations while maintaining strong controls and regulatory discipline.
OpenPayd, a financial infrastructure company founded in 2018, will convert Decta's funds into USDC for the purpose of international settlement. The integration is seen as a proprietary treasury use case, rather than a customer-facing payments flow.
Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.