Stablecoin payments made accessible to customers through partnership between Taxbit and Mural Pay
The integration of stablecoin payments in the financial industry is gaining momentum, with Mural Pay and Taxbit leading the charge. This partnership aims to make the adoption of stablecoins easier and more accessible for businesses, driving the mainstream and enterprise adoption of digital assets.
According to Aaron Jacob, VP of Enterprise Accounting at Taxbit, stablecoins are transforming the way companies transact and manage cash. By moving assets, specifically stablecoins, on-chain, faster and less expensive payments become a reality. This is a significant advantage for businesses, particularly those dealing with cross-border transactions.
The total transfer volume of stablecoins last year was a staggering $27.6 trillion USD, surpassing the combined value of Visa and Mastercard transactions in 2024. This growth is a testament to the potential of stablecoins in the financial sector.
Chris Fernandes, CTO and Co-founder of Mural Pay, predicts an exponential increase in institutional adoption of stablecoin technology. He believes that regulatory clarity, such as the U.S. GENIUS Act (2025), EU's MiCA (2024), and Hong Kong's Stablecoin Ordinance (2025), will further encourage this growth. These frameworks require full asset backing, AML/KYC compliance, audits, and licensing, reducing ambiguity and encouraging institutional use.
The partnership between Mural Pay and Taxbit is aimed at addressing the challenges of tracking on-chain payments, reconciling on-chain funds, and ensuring tax and accounting compliance. The new module will allow companies to integrate stablecoin payments into their day-to-day operations, making the process quick, cost-effective, and secure.
Taxbit will leverage Mural Pay's technology to provide around-the-clock payments and collections functionality to its customers worldwide. This partnership will offer invoicing and payment functionality, enabling select Taxbit clients to invoice customers directly and accept stablecoins as payment.
The integration of digital assets into operational workflows is a significant step forward for businesses. With this partnership, any business, including Taxbit's clients, can now leverage the benefits of stablecoin payments without needing blockchain or accounting expertise.
This partnership marks a significant milestone in the adoption of stablecoin payments, providing compliant, scalable, fast, and cost-effective payment solutions that improve cross-border settlements and treasury operations. This positive impact is amplified by regulatory advances and partnerships between financial institutions and blockchain firms.
In summary, the integration of stablecoin payments is enabling enterprises to adopt digital assets more fully by providing compliant, scalable, fast, and cost-effective payment solutions that improve cross-border settlements and treasury operations. This positive impact is amplified by regulatory advances and partnerships between financial institutions and blockchain firms.
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