Global money movement company TerraPay is teaming up with regulated infrastructure provider Fipto to become one of the first payment leaders to adopt stablecoin-native flows, enabling clients to fund and pay out partners directly in stablecoins where regulatory frameworks allow.
This fundamental shift in treasury operation follows a year of rigorous testing of a “stablecoin sandwich” approach, which involved converting fiat to stablecoins for the cross-border leg before converting back to local currency. This move is now delivering significant treasury benefits, including reduced transit time, which immediately alleviates pressure on working capital, and a substantial reduction in prefunding requirements across its extensive global payments network.
The direct implementation of stablecoins for funding clients and paying out partners is a strategic evolution, using the stability and speed of blockchain assets to optimise traditional financial architecture.
Cutting working capital needs
Fipto provides the institutional-grade stablecoin payment infrastructure required for this transition, combining licenced custody with a robust compliance framework tailored for regulated financial institutions. TerraPay, which connects partners to over 3.7 billion mobile wallets and 7.5 billion bank accounts in more than 150 countries, sought a compliant and secure solution to introduce this added flexibility.
Fipto’s plug-and-play service enables TerraPay to integrate stablecoin flows without building the complex infrastructure in-house, whilst offering essential services like liquidity, direct bank connectivity, and multi-chain support.
Sanjeev Gupta, Head of Treasury at TerraPay, explained that stablecoins are reshaping how funds are managed at scale. “Stablecoins are reshaping how we manage treasury, cutting working capital needs and reducing costs,” Gupta said. “For our payout partners, the advantage is not just speed but also reduced volatility and prefunding pressure. Even if adoption starts small, every new corridor or partner amplifies the efficiency gains across our global network. With Fipto, we can scale this transition securely and compliantly.”
The turning point for global PSPs
The decision to move to stablecoin-native flows is viewed as a natural progression for global payment service providers (PSPs) seeking to enhance speed and flexibility in cross-border transactions. By utilising stablecoins—digital assets pegged to fiat currency, TerraPay can bypass legacy banking hours and batch processing, offering 24/7 liquidity.
Ambar Sur, founder and CEO of TerraPay, reinforced the strategic vision of the move. “Stablecoin-native flows are a natural next step: they support us to bring more speed, efficiency and flexibility to our global payments network,” Sur commented. “Partnering with Fipto ensures we do this securely and compliantly, while paving the way for the next phase of cross-border payments.”
The integration highlights how blockchain assets are moving from experimental rails to becoming core treasury infrastructure for major financial players.
Patrick Mollard, co-founder and CEO of Fipto, said TerraPay’s commitment to stablecoins marks a significant industry shift. “TerraPay’s move to stablecoin-native operations marks a turning point for the industry,” Mollard said. “It shows that stablecoins aren’t just experimental rails anymore; they’re becoming core treasury infrastructure for global PSPs.”
With this deployment, TerraPay, a global money movement organisation, continues its mission to create a borderless financial world, making money transfers more instant, reliable, transparent, and fully compliant for its partners, advancing financial inclusion even in hard-to-reach markets.