Bottomline completes first USDC stablecoin payments with Circle

US-based business payments provider Bottomline has carried out cross-border stablecoin payments through its Global Payments Hub and Cash Management platform using USDC, issued through regulated entities of Circle. The transactions are the first live stablecoin payments processed on the platform and were completed as an intra-company transfer.

According to the company, this shows how USDC payment capabilities can be built into established enterprise payment workflows. Businesses can then handle stablecoin transactions alongside traditional payment methods rather than through a separate channel.

Stablecoins within existing treasury workflows

The Global Payments Hub and Cash Management platform allows treasury teams to manage domestic and international payments to any bank and in any currency, without logging into multiple banking portals. With stablecoins now running through the same environment, finance teams can manage digital assets together with fiat currencies and conventional payment types.

A central element of the integration is that existing governance processes carry over. Stablecoin payments are subject to the same approvals, controls, and audit processes that treasury teams already apply to other transactions. Bottomline positions stablecoins as an additional option rather than a replacement, so finance teams can select the payment method for each transaction from a single interface.