Bottomline Marks First Cross-Border Stablecoin Transactions
By PYMNTS
AI summary of the source article
Business payments firm Bottomline completed its first cross-border stablecoin transactions using Circle's USDC. The intra-company transfers were conducted through the company's Global Payments Hub and Cash Management platform.
Key facts
- Bottomline completed its first live cross-border stablecoin transactions.
- The transactions were executed as an intra-company transfer using Circle's USDC stablecoin.
- The payments were processed through Bottomline's Global Payments Hub and Cash Management platform.
Source excerpt · PYMNTS
Business payments company Bottomline completed cross-border stablecoin payments through its payments and cash management platform, according to a Tuesday (Nov. 10) press release. 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 releas…