Thredd Teams Up with Velocity for Stablecoin-Powered Payments Expansion
Thredd has partnered with Velocity to expand its global payments platform and offer stablecoin-powered money movement capabilities.
The integration will connect cards, fiat payment rails, and stablecoins through a single platform experience, enabling clients to convert between fiat currencies and supported stablecoins, send funds on-chain or through connected fiat rails, and use stablecoins for funding, payouts, and settlement.
Thredd has selected Velocity as its strategic technology partner to provide the underlying stablecoin infrastructure, including programmable wallet infrastructure, connectivity to blockchain and banking rails, liquidity, and conversion capabilities.
The partnership aims to give businesses more flexibility in managing global payments while maintaining controls, reliability, and operational support. According to Eric Queathem, CEO of Velocity, 'stablecoins are not a new asset, but a programmable way for businesses to move and manage money globally.'