Thredd Expands Stablecoin Payments Through Velocity Partnership

Author : John Brown | Published On : 24 Sep 2026

Thredd has expanded its global payments platform through a new partnership with Velocity, adding stablecoin-powered money movement capabilities for businesses and payment providers. The collaboration connects Thredd’s existing issuer processing infrastructure with Velocity’s stablecoin treasury and settlement technology, creating new options for stablecoin payment solutions across global financial workflows.

The initial rollout will target B2B and B2B2B applications, including stablecoin-backed card programs, cross-border payouts, global treasury operations, and on-chain settlement. Through the expanded platform, Thredd clients will be able to convert between fiat currencies and supported stablecoins, transfer funds on-chain or through connected fiat rails, and use stablecoins for funding, payouts, and settlement.

Thredd Connects Stablecoins With Existing Payment Infrastructure

The partnership allows businesses to access stablecoin capabilities without rebuilding their existing payments infrastructure. Thredd plans to integrate Velocity’s technology with its issuer processing platform, APIs, ledger capabilities, card controls, fraud and risk services, reconciliation tools, and operational support.

This approach gives customers a single technical and commercial entry point for managing how value is held, moved, and spent across different payment environments.

Jim McCarthy, CEO of Thredd, said the company wants customers to benefit from stablecoin infrastructure without having to create a separate payments stack. The company sees the integration as a way to combine its existing payment capabilities with additional methods for moving, converting, and settling funds.

Velocity Provides Stablecoin Infrastructure

Velocity will serve as Thredd’s strategic technology partner for the new stablecoin capabilities. Its infrastructure includes programmable wallet technology, connectivity to blockchain and banking rails, liquidity and conversion services, and transaction orchestration for transfers and settlement.

Velocity describes its platform as a stablecoin payments and treasury solution designed for CFOs and corporate treasury teams. The platform combines regulated stablecoins with traditional financial infrastructure to support real-time fund movement, liquidity management, and global settlement.

The company has also attracted backing from investors including Visa, Capital One, Circle, Dragonfly, and FirstMark Capital.

Supporting Stablecoin-Based Card Programs

One of the initial applications will focus on stablecoin-backed card programs. For card issuers and program managers operating across multiple markets, stablecoin infrastructure can provide another mechanism for moving and settling funds between currencies and jurisdictions.

According to Thredd, the integration could reduce the amount of capital that needs to remain idle across markets. It may also reduce reliance on prefunding and collateral while enabling settlement flows that are less dependent on traditional intermediary banking chains.

Customers will not need to create and maintain a separate on-chain workflow for these activities. Instead, the stablecoin functionality will operate alongside the existing Thredd environment.

Expanding Cross-Border Payment Capabilities

Cross-border payments are another major focus of the partnership. Businesses can use supported stablecoins for international payouts and settlement while maintaining connections to traditional fiat payment rails.

Thredd clients will be able to move between fiat currencies and supported stablecoins based on their operational requirements. They can then send funds on-chain or through connected fiat networks.

This creates a hybrid payment model that brings blockchain-based settlement together with established banking infrastructure.

For global businesses, this type of infrastructure can support treasury teams that need to manage liquidity across multiple currencies and markets. It also provides payment providers with additional options for moving funds without requiring them to replace their existing financial systems.

Global Treasury Operations Gain New Options

The partnership also targets global treasury flows. Companies operating internationally often need to manage cash across multiple accounts, currencies, and banking relationships.

By combining stablecoins with traditional financial rails, Velocity's infrastructure is designed to help businesses move funds and manage liquidity more efficiently. The integration with Thredd brings these capabilities closer to existing payment and card-processing workflows.

The companies said the new infrastructure can help reduce friction associated with foreign exchange and liquidity management while improving visibility into global cash flows.

Thredd Builds Stablecoins Into Its Existing Platform

Thredd is positioning the partnership as an extension of its broader payments infrastructure rather than as a separate cryptocurrency product.

The company provides debit, credit, digital wallet, and ledger capabilities through a single API. Its platform serves more than 100 fintech companies, digital banks, and embedded finance providers across more than 50 countries and processes billions of transactions annually.

Adding stablecoin capabilities to this infrastructure allows existing and future customers to access blockchain-based money movement alongside conventional payment functions.

The integration also brings stablecoin transfers into the same environment as card controls, fraud and risk management, reconciliation, and other operational tools.

Stablecoins Move Further Into Business Payments

The partnership reflects the growing use of stablecoins as infrastructure for business payments, treasury management, and settlement. Rather than positioning stablecoins solely as digital assets, financial technology providers are increasingly integrating them into existing payment systems.

Thredd and Velocity are focusing their initial implementation on business applications where cross-border transfers, liquidity management, card funding, and settlement can benefit from additional payment rails.

The companies plan to introduce the capability market by market based on regulatory requirements, partner readiness, and product availability.

As the new functionality rolls out, Thredd customers will gain access to stablecoin-powered money movement without needing to build an independent blockchain payment infrastructure. The partnership therefore connects traditional card and payment processing with emerging digital settlement capabilities through a unified platform.

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