Decta explores stablecoin treasury settlement using USDC

According to OpenPayd's Chief Commercial Officer, Lux Thiagarajah, this is a proprietary treasury use case designed for internal operational settlements, distinct from customer-facing payment flows. Decta will transfer its funds into OpenPayd's regulated infrastructure, where they will be converted into USDC through OpenPayd's over-the-counter capabilities.

This move signifies the increasing adoption of stablecoins within traditional financial infrastructure for internal treasury and liquidity management. Decta stated that the integration is intended to facilitate faster fund transfers between its international entities, enhance liquidity management, and streamline overall treasury operations.

Decta, founded in London in 2015, operates in 32 countries, offering payment processing, acquiring, card issuing, and banking services. The company has previously explored stablecoin issuance, announcing in August 2024 a potential exploration of a euro-pegged stablecoin with France-based Next Generation, subject to regulatory approval under the EU's Markets in Crypto-Assets Regulation (MiCA).

OpenPayd, established in 2018, connects fiat and digital assets and recently secured authorization under MiCA, enabling it to offer crypto services across the European Economic Area, including fiat-to-stablecoin on- and off-ramps. Its client roster includes major crypto firms like Kraken, eToro, OKX, and B2C2.