Paystand Launches Bitcoin-Based Stablecoin USDb to Streamline Enterprise Payments

Paystand has officially unveiled USDb, a stablecoin pegged 1:1 to the US dollar, specifically engineered for enterprise financial operations. The token is designed to integrate directly into corporate finance systems, supporting automated settlement workflows for accounts payable, accounts receivable, and treasury management. Built on Bitcoin-linked infrastructure, USDb utilizes Rootstock and interoperates with Blockstream. The stablecoin is also designed for compatibility with the Liquid network and the Lightning Network, aiming to combine the stability of the US dollar with the technical efficiencies of the Bitcoin ecosystem. The rollout will begin across Paystand’s existing payments network, which the company reports has processed more than $20 billion in volume. A key component of the integration is the Bitwage platform, acquired by Paystand in 2025, which currently serves 4,500 businesses and 90,000 workers across nearly 200 countries. This development aligns with a growing trend of institutional adoption of digital assets for operational use. Recent moves by DoorDash and Western Union to integrate stablecoins for merchant and driver payouts suggest a broader industry shift toward reducing cross-border costs and accelerating settlement times. Currently, the global stablecoin market is valued at approximately $320 billion, with Tether (USDT) and Circle (USDC) holding the vast majority of market share. While Ethereum and Tron remain the dominant blockchains for these assets, the introduction of USDb represents an expansion of stablecoin utility within Bitcoin-based networks.