Payoneer Rolls Out Stablecoin Payment Capabilities

- The rollout is scheduled for select markets in Q2 2026, with a broader expansion planned throughout the year. Payoneer serves nearly two million customers, including small and medium-sized businesses, freelancers, and marketplace sellers, who will be able to convert stablecoins to their local currency and withdraw to a bank account. - Stripe's acquisition of Bridge in February 2025 was a key move to build out its stablecoin infrastructure, which abstracts away the complexities of blockchain for businesses like Payoneer. This allows Payoneer to embed the functionality directly into its platform without managing the underlying blockchain protocols. - This integration targets the trillion-dollar cross-border B2B payments market, aiming to solve issues like slow settlement times and high fees associated with traditional correspondent banking. While B2B stablecoin payments currently represent a small fraction of the total market, they are a growing segment. - The move follows a broader trend of major financial players integrating stablecoins for B2B use cases. Visa has been experimenting with USDC for treasury operations and merchant settlements, while other payment providers are also building out stablecoin capabilities. - For Payoneer, this adds a new dimension to its financial stack, complementing its existing multi-currency accounts and card services. The company reported a 42% year-over-year growth in B2B volume in 2024, and this integration positions them to capture more of this expanding market. - The partnership is part of a larger strategic push by both Stripe and Circle to build dedicated, payments-optimized Layer-1 blockchains, signaling a race to control the future infrastructure of digital payments.