Paystand, a business-to-business payments network utilizing blockchain, has acquired Bitwage, a platform specializing in cross-border payments with stablecoins. Bitwage, serving over 90,000 payment recipients and 4,500 businesses globally, will enhance Paystand’s network. The integration will enable enterprise-level settlement using stablecoins and foreign exchange, facilitating quick cross-border settlements within minutes. Paystand aims to provide a compliant, programmable platform for real businesses in the on-chain economy.

Read more at Yahoo Finance: Paystand strengthens cross-border stablecoin payments with Bitwage acquisition