Payoneer Global Inc. has added stablecoin capabilities to its platform, enabling businesses to receive, hold, and send stablecoins as part of their day‑to‑day cross‑border operations. The new functionality is powered by Bridge, a stablecoin infrastructure provider that is owned by Stripe and was acquired for $1.1 billion in February 2025.
Bridge supplies the technical backbone that abstracts the complexities of blockchain infrastructure, allowing Payoneer to embed stablecoin transactions directly into its existing payment flow. The partnership gives Payoneer access to a proven, compliant, and scalable stablecoin network that can be used for instant settlement, lower transaction costs, and seamless conversion to local currencies with withdrawal to bank accounts.
The stablecoin channel is positioned to accelerate settlement times and reduce fees for Payoneer’s nearly 2 million customers. By offering a programmable money option, Payoneer can capture a share of the growing digital‑currency market and create a new fee‑based revenue stream from stablecoin transactions and related services.
Payoneer’s move comes at a time when cross‑border payments are increasingly being served by digital assets. The company’s recent geographic expansions into Mexico, Indonesia, and India, along with its in‑principle authorization as a cross‑border payment aggregator in India, demonstrate a broader strategy to broaden its global footprint. The stablecoin launch complements these efforts by providing a faster, cheaper, and more transparent payment alternative in markets where traditional banking infrastructure can be costly or slow.
John Caplan, Payoneer’s CEO, said, "No‑friction money movement is essential for global business. In partnering with Bridge, we’re bringing stablecoin into Payoneer’s trusted financial stack in a way that prioritizes compliance, speed, security, and simplicity. This is about rethinking how money moves across borders for real businesses, not as an experiment, but as a scalable financial capability."
Zach Abrams, co‑founder and CEO of Bridge, added, "Bridge was built to abstract away the hardest parts of blockchain infrastructure so companies like Payoneer can focus on building great financial experiences. Together, we’re making stablecoins a practical and secure option for every day cross border money movement."
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