Business payments company Bottomline completed cross-border stablecoin payments through its payments and cash management platform, according to a Tuesday (Nov. 10) press release.

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The transactions, using Circle’s USDC stablecoin, marked Bottomline’s first live stablecoin transactions through its Global Payments Hub and Cash Management platform, completed as an intra-company transfer, per the release.

“Completing our first cross-border stablecoin payments shows this is now a practical option for finance teams, not a future conversation,” Colin Swain, global head of product for corporate solutions at Bottomline, said in the release. “Our aim has always been to make stablecoin feel like any other payment method, something treasury teams can send and track from the same place they manage everything else. The same thinking applies to the banks we work with. Their customers’ expectations are changing quickly, and they need to add new ways to pay without rebuilding what already works. Making new payment rails fit alongside existing ones is how we help businesses and banks grow at their own pace.”

Stablecoin payments can live alongside existing payment types instead of replacing them, giving finance teams the ability to pick the right option for each payment from one place, according to the release.

“By integrating USDC into existing enterprise payment systems, Bottomline is expanding how finance teams can access these capabilities without introducing entirely separate payment workflows,” the release said.

Meanwhile, stablecoins can help alleviate the working capital cost that comes with cross-border payments , PYMNTS reported Oct.

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