TerraPay Becomes One of the First Global Payment Leaders To Adopt Stablecoin-Native Flows, Powered by Fipto

TerraPay, a global money movement company, today announced the launch of stablecoin–native flows in partnership with Fipto, the regulated infrastructure layer powering secure, compliant blockchain-based treasury operations.

TerraPay’s first implementation of stablecoins, carried out together with Fipto, started one year ago in 2024 in what it describes as a “stablecoin sandwich” – converting fiat to stablecoins for the cross-border leg before converting back to local currency – to benchmark settlement times and FX pricing against traditional rails. Today, this has reduced transit time, thereby releasing pressure on working capital.

This partnership enables Terrapay’s clients to fund directly in stablecoins and payout partners to receive them where supported, in regions where stablecoins are allowed by regulators.  The shift is already delivering treasury benefits and helped reduce prefunding requirements.

“Stablecoins are reshaping how we manage treasury – cutting working capital needs and reducing costs,” said Sanjeev Gupta, Head of Treasury at TerraPay.“For our payout partners, the advantage is not just speed but also reduced volatility and prefunding pressure. Even if adoption starts small, every new corridor or partner amplifies the efficiency gains across our global network. With Fipto, we can scale this transition securely and compliantly.”

Ambar Sur, Founder & CEO of TerraPay said,“Stablecoin–native flows are a natural next step: they support us to bring more speed, efficiency and flexibility to our global payments network. Partnering with Fipto ensures we do this securely and compliantly, while paving the way for the next phase of cross-border payments.”

Fipto provides institutional-grade stablecoin payment infrastructure, combining licensed custody with a compliance framework for regulated financial institutions. Its plug-and-play service enables TerraPay to integrate stablecoin flows without building infrastructure in-house, while also offering liquidity, direct bank connectivity, and multi-chain support.

“TerraPay’s move to stablecoin–native operations marks a turning point for the industry,”said Patrick Mollard, Co-founder & CEO of Fipto. “It shows that stablecoins aren’t just experimental rails anymore; they’re becoming core treasury infrastructure for global PSPs.”