As reported by Biji.com, Paystand, a leading B2B payment platform with over $20 billion in annual transaction volume, has acquired Bitwage. The acquisition combines Paystand's enterprise payment infrastructure with Bitwage's decade-long expertise in digital payroll, enabling over 90,000 workers and freelancers to receive salaries in stablecoins like USDC and USDT. The merged platform allows 1,000 enterprise clients to bypass traditional ACH delays and high forex fees, with support for weekend and cross-border payments. Bitwage maintains a zero-incident security record over 11 years of operation. The deal aligns with the rapid growth of the stablecoin market, which Chainalysis data shows grew 87% year-on-year in transaction volume and is projected to reach $9 trillion by 2025. The integration also supports faster, lower-cost settlements via Layer 2 solutions and Solana, with plans to expand into Japan through JPYC integration.
Paystand Acquires Bitwage for $2 Billion to Expand Stablecoin Payroll Services to 90,000 Workers
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