Global payments infrastructure company TerraPay has launched stablecoin-native payment flows with Fipto after a year of testing that showed faster settlement times and reduced working capital pressure.
During the pilot, TerraPay used what it called a “stablecoin sandwich” model, converting fiat to stablecoins for the cross-border leg and back to local currency on arrival.
The model helped benchmark settlement times and FX pricing against traditional rails, reducing transit time and easing liquidity pressure.
The partnership enables clients to fund payout partners directly in stablecoins, where permitted by regulators, and allows recipients to receive them in supported markets.
Fipto, a regulated blockchain infrastructure provider, offers licensed custody and a compliance framework for financial institutions.
Its plug-and-play service allows TerraPay to process stablecoin flows without building its own infrastructure, while providing liquidity, direct bank connectivity, and multi-chain support.
TerraPay’s Head of Treasury Sanjeev Gupta said the shift to stablecoin-native flows has helped reduce volatility, prefunding needs, and working capital pressure while improving efficiency across new payment corridors.
Ambar Sur, Founder & CEO of TerraPay said,
“Stablecoin-native flows are a natural next step: they support us to bring more speed, efficiency and flexibility to our global payments network.
Partnering with Fipto ensures we do this securely and compliantly, while paving the way for the next phase of cross-border payments.”
Patrick Mollard, Co-founder & CEO of Fipto, said,
“TerraPay’s move to stablecoin-native operations marks a turning point for the industry.
It shows that stablecoins aren’t just experimental rails anymore; they’re becoming core treasury infrastructure for global PSPs.”
Featured image: Edited by Fintech News Singapore, based on image by ilygraphic via Freepik
