Thredd Taps Velocity to Speed Stablecoin-Powered Money Movement
PYMNTS reports that Thredd is partnering with stablecoin treasury and settlement platform Velocity to add stablecoin-powered money movement to its issuer-processing platform. The announced initial use cases are B2B and B2B2B, including stablecoin-backed card programs, cross-border payouts, treasury flows and on-chain settlement; the companies say clients will be able to convert between fiat and supported stablecoins and send funds over connected on-chain or fiat rails. Thredd's release says commercial availability will be introduced market by market as regulatory, partner and product readiness allow; it does not report live rollout, customer volumes or measured savings.