Sage Capital and OpenPayd expand fiat payment infrastructure for institutions

  • Sage Capital Management partnered with OpenPayd to expand fiat payment capabilities for institutional digital-asset clients.
  • USD, GBP, and EUR payments will use SWIFT, Faster Payments, and SEPA rails.
  • Sage Capital Management can issue virtual International Bank Account Numbers through the integration.

Sage Capital Management has partnered with OpenPayd to broaden fiat payment capabilities for institutional clients using digital asset services. The integration is set to add USD, GBP and EUR payment options, with USD transfers available through SWIFT, GBP through SWIFT and Faster Payments, and EUR through SEPA. Sage Capital Management will also be able to issue virtual International Bank Account Numbers (vIBANs), which can improve payment tracking, reconciliation and settlement between users and counterparties. The expanded connectivity gives institutions more routes for moving funds between digital assets and conventional currencies while combining collateralized lending, technology, liquidity access and banking within the firm’s institutional digital asset network.

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