Paystand, a B2B funds platform processing $20 billion yearly, has acquired Bitwage, a crypto payroll service that has dealt with over $400 million in digital wages throughout 200 nations since 2014.
The acquisition integrates USDC and USDT wage fee capabilities into enterprise workflows, as 2025 stablecoin switch quantity reached $9 trillion—practically half of Visa’s annual throughput.
Sponsored
Sponsored
Crypto Payroll Infrastructure Integration
Bitwage’s infrastructure serves 90,000+ employees and freelancers by changing fiat salaries into stablecoins by way of the Circle and Tether platforms. Paystand’s current consumer base of 1,000 enterprises—spanning manufacturing, know-how, and logistics—will achieve entry to this functionality. The mixed platform eliminates ACH processing delays, weekend cutoffs, and cross-border overseas trade charges related to conventional payroll techniques.
The platform makes use of blockchain-agnostic infrastructure. Whereas Bitwage has traditionally supported Bitcoin and Ethereum, the merged entity will prioritize layer-2 options and Solana for sooner settlement. Corporations can provoke payroll transactions outdoors conventional banking hours, with staff receiving USDC for conversion to native forex by way of exchanges or digital banking companies. Bitwage experiences no safety incidents throughout its 11-year working historical past.
Stablecoin Market Development and Regulatory Setting
Chainalysis knowledge exhibits stablecoin transfers grew 87% year-over-year to $9 trillion in 2025, with USDC clearing $2.3 trillion in Q3. EY’s CFO survey signifies that 87% view stablecoins as offering a aggressive benefit, up from 61% in 2024. BlackRock’s BUIDL fund and Mastercard’s USDC settlement packages have launched on-chain greenback transactions to institutional operations.
4/ 💵 Stablecoins hit mainstream
– $46T in transactions (↑106% YoY)
– $9T in 12 months (5x PayPal, >50% of Visa)
– $300B+ complete provide
– Tether & USDC: 87% market share
– >1% of all USD are stablecoins
– seventeenth greatest holder of U.S. Treasuries
– Anticipated to 10x → $3T by 2030 pic.twitter.com/Njk0vh6NaS
— Subvisual (@subvisual) November 6, 2025
The acquisition happens amid regulatory developments in the US. The Trump administration has expressed help for cryptocurrency initiatives, whereas the SEC has supplied steering on stablecoin custody necessities. Visa accomplished a $1 billion acquisition of Bridge, a stablecoin platform, earlier this yr.
Cross-Border Cost Purposes
Corporations can switch USDC on weekends, whereas worldwide employees keep away from remittance charges usually starting from 3% to 12% on standard platforms. Japanese enterprises can combine JPYC after the launch of the All Banking System API gateway.
The crypto payroll market consists of platforms similar to Deel and Rippling, each of which provide cryptocurrency fee choices. In line with DataIntelo, the market is projected to achieve $6.38 billion by 2033.
