Modern Treasury introduced a new money movement service that combines the ability to process payments in fiat currencies and stablecoins within a single infrastructure.
The team at Modern Treasury, a platform for payment operations automation and treasury management, unveiled Payments, an integrated payment service provider (PSP) designed to help companies build modern money movement systems.
The new service targets companies embedding payment functionality into their own products, marketplaces, and FinTech applications. Payments enables programmatic control over payment infrastructure and supports multiple payment rails through a single API.
The service covers the full embedded payments lifecycle, including:
- conducting KYC and KYB verification checks;
- opening accounts with a dedicated balance ledger and transaction history;
- accepting incoming payments;
- sending payouts through various payment channels.
Companies can automatically create payment accounts for their users or counterparties via API, without manual interaction with banks. Each account comes with its own ledger, balance, and transaction history, simplifying accounting and reconciliation.
Payments supports a wide range of financial operations, including:
- ACH transfers. Support for the automated clearing house (ACH) network enables batch and recurring payments in the United States and is commonly used for low-cost settlements with customers, contractors, and partners.
- Bank wires. A tool for urgent and high-value transfers through the banking system, requiring fast settlement and finality.
- Instant payment networks. Integration with real-time payments (RTP) and FedNow ensures real-time fund settlement 24/7.
- Push-to-card. A mechanism for crediting funds directly to a recipient’s bank card, enabling fast payouts to individuals without needing full bank account details.
- Regulated stablecoin support. The platform supports transfers and settlements in dollar-pegged stablecoins USDG, USDP, and USDC. The company also plans to integrate USDT.
According to Matt Marcus, Co-Founder and CEO of Modern Treasury, the launch of Payments aims to reduce time-to-market for payment products. He noted that traditional bank integrations can take six to twelve months, whereas the new service offers an alternative to BaaS models, allowing companies to launch payment infrastructure within days. Marcus also emphasized that as businesses scale, they can onboard direct banking partners while maintaining the same single API integration. Technologically, the solution is built on the same orchestration, ledgering, and reconciliation system used by Modern Treasury’s clients.
Founded in San Francisco, Modern Treasury provides infrastructure for managing money flows. In 2025, the company expanded its presence in the stablecoin segment by acquiring Beam, a startup specializing in instant stablecoin payment technology and settlement orchestration. In addition, Modern Treasury entered into a strategic partnership with Paxos to integrate regulated stablecoins and settlement mechanisms into its platform. As part of this collaboration, the company also joined the Global Dollar Network.
Modern Treasury is used to scale payment operations by organizations such as Anchorage Digital, Gusto, Navan, Procore, and Sling Money. The total payment volume processed through the platform exceeds $400 billion.
In 2026, the payments market entered a phase of rapid transformation, with stablecoin-based solutions, instant settlement systems, and AI technologies becoming the new standard for businesses.
