A Superior Way to Send Cross Border Payments
Cryptocurrencies have often been synonymous with wild price swings. But what if you could harness the power of blockchain and its efficiency, transparency, and security without the roller-coaster volatility? Enter stablecoins, a revolutionary type of digital currency designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. For businesses navigating the complexities of international trade, stablecoins are fundamentally reshaping global payment operations and treasury management, acting as the modern “offshore US dollar“.
Why Stablecoins are Your Business’s Best Friend
The benefits of integrating stablecoin payouts into your business operations are compelling and immediate. With Stablecoins, funds can be moved instantaneously across the globe to fund new projects, pay suppliers in emerging markets —most merchants expect their suppliers to accept digital currency payments — or simply used to pay contractors in what is quickly becoming a preferable currency. Rapyd currently supports the two most widely used stablecoins and can operate across several protocols which means we can help you access more businesses and end users.
Lightning-Fast Transfers – Forget waiting days for traditional bank wires. Stablecoin payouts offer near-instant settlement, with funds moving in seconds, providing companies with greater resource flexibility.
Cost Reduction – Traditional payment fees cost more, especially with international and FX charges. Stablecoin payments can represent 50% or more cost reduction compared to many of these methods, simply by cutting out multiple intermediaries.
Global Access & Financial Inclusion – Stablecoins unlock new markets, making it easier to reach global customers and businesses in regions with volatile currencies, or those who are underbanked. This offers a stable, dollar-backed payment method that attracts a wider audience.
Superior Treasury Management – Modern treasury teams are leveraging stablecoins for instant, global liquidity deployment. They offer real-time visibility, reduce settlement risk, and protect against fluctuating currency values, streamlining cross-border transactions.
Beyond the Buzz: Stablecoin Payouts Are Winning
Stablecoins are no longer an experiment, they’re solving real business problems today.
Here are three the leading business use cases:
- Global Merchants Operating in Emerging Markets:
For businesses working in countries with volatile local currencies, stablecoins offer a lifeline. They allow invoicing in a stable currency, storing value protected from devaluation, and receiving instant payments, all without the need for a foreign bank account or multiple intermediaries. This drastically reduces currency exposure and maximizes revenue potential.
- Technology Sectors:
Industries such as online trading, gaming or digital goods often face reluctance from traditional banks which can slow down fund flows and increase the cost for each transaction. Rapyd Stablecoin Payouts provide a reliable, efficient payment rail, enabling these legitimate businesses to thrive where traditional finance often won’t tread.
- Paying Remote Workers and Content Creators:
Self-employed contractors, gig economy workers, and content creators globally are increasingly requesting payments in stablecoins – 29% according to payroll platform, Deel. Rapyd Stablecoin Payouts address this need by offering speed, stability, accessibility, and lower costs to workers in regions with high inflation or fluctuating currencies.
Ready, Set, Payout! How to Get Started with Stablecoin Payouts
Rapyd can help facilitate global stablecoin payouts to better support your global operations.
Businesses have two options for how to get started with Rapyd Stablecoin Payouts.
- Code to our API and embed this functionality directly into your existing infrastructure
- Use our intuitive client portal to send a payout in seconds.
By embracing Rapyd Stablecoin Payouts, you’re not just adopting a new payout method – you are expanding your global reach, improving your treasury, and positioning your business at the forefront of the digital economy.
