Decta Taps USDC for Treasury Settlements

Payments infrastructure provider Decta UK is integrating USDC into its internal treasury workflow for cross-border settlement. The company will route its own funds through OpenPayd, a regulated financial infrastructure provider, where they'll be converted into USDC for international operational settlements.

Decta's rationale behind this move is to improve the timing and flexibility of internal fund transfers compared to traditional banking rails. According to CEO Scott Dawson, the company routinely shifts funds across banking relationships to fund operations and settle obligations between regulated entities and markets. However, these transfers typically face banking cut-off times, weekend closures, and multi-day value dates.

Using OpenPayd's infrastructure allows Decta to convert fiat into a digital settlement instrument and move value 'near-instantly' across markets. This integration highlights how stablecoins are increasingly being used behind the scenes for internal liquidity and settlement operations by payments and financial firms.