Kyriba and Merge partner on regulated stablecoin cross-border payments

The tie-up links Kyriba’s treasury platform, used by more than 4,000 multinationals, with Merge’s stablecoin payment infrastructure aimed at faster, cheaper and fully traceable international settlement.

Summary

Kyriba and Merge said they have formed a partnership to connect treasury management with regulated stablecoin-based cross-border payments for enterprise clients. The arrangement gives Kyriba customers access to Merge’s stablecoin infrastructure for faster, cheaper and fully traceable settlement, while Merge customers gain access to Kyriba’s treasury platform used by more than 4,000 multinational corporations to manage liquidity, forecast cash and run global treasury operations. The companies framed the partnership around persistent corporate treasury pain points in cross-border corridors, where delays, high costs and limited transparency can trap working capital and weaken cash forecasting. They said regulated stablecoin rails can reduce settlement times from days to minutes while improving traceability, reconciliation and auditability across jurisdictions and currencies. Bob Stark, Global Head of Market Strategy, Kyriba, said treasury teams are focused on whether they can trust the infrastructure behind stablecoins, citing dual regulatory authorisation, Bank of England safeguarding and a layer invisible to the recipient. Kebbie Sebastian, CEO, said the tie-up gives clients operating complex, multi-currency businesses access to a trusted enterprise treasury platform.

Terms & Concepts
  • stablecoin: A digital token designed to maintain a steady value, often tied to a fiat currency.
  • cross-border settlement: The process of completing payments between parties in different countries.
  • treasury management: Corporate oversight of cash, liquidity, payments and financial risk.