Morph bets on stablecoins as the next rail for digital commerce
For years, stablecoins were treated mainly as plumbing for crypto trading: a way for traders to move quickly between digital assets without returning to traditional money. That role is now expanding. As more companies, freelancers and cross-border teams look for faster ways to move money, stablecoins are beginning to look less like a crypto niche […] The post Morph bets on stablecoins as the next…
Stablecoins, once primarily used for trading, are evolving into a potential alternative payment system for various businesses, freelancers, and cross-border teams. Morph, a blockchain infrastructure company, has introduced Morph Payments, a non-custodial platform for businesses and digital professionals to accept, send, and manage stablecoin payments.
The platform currently supports USDC and USDT, the two most widely used dollar-linked stablecoins. Users can connect their self-custodial wallet, create invoices and payment links, monitor transactions, and receive settlements directly onchain, without Morph taking custody of customer funds. This shift in stablecoin utility is part of a broader trend, with Visa reporting a 65% year-on-year increase in adjusted stablecoin transaction volume to $10.2 trillion over the past 12 months.
While stablecoins offer faster settlement, lower-cost international transfers, and access to dollar-denominated value in regions with slow or expensive banking rails, businesses still face regulatory uncertainty, accounting questions, tax obligations, and the challenge of converting digital assets into local currency. Morph Payments aims to bridge these gaps by providing a business payments layer that simplifies the user experience for online businesses, digital freelancers, and globally distributed organizations.
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