4 Leading Stablecoin Solutions, and Why Payments Companies Use Them

How Cyclops's Core Products Turn Stablecoins Into a Competitive Advantage for Payments Processors.

In payments, nearly all stablecoin use cases are built to solve for three stages of money movement. In the simplest terms possible: money in (Pay Ins), money moves (Settlement), money out (Pay Outs). Some use cases involve all three stages, some involve just one. Regardless of which problems you’re solving as a PSP, network or beyond, similar questions tend to surface:

• Who owns what relationships with the payers and payees?
• Who needs what licenses?
• When does fiat work best, and when do stables work best?
• Are the right pairs supported?
• Where does the liquidity come from?
• Which regulations are applicable?

Local or global, merchant acquirer or remittance platform, every payments company is being asked to leverage stablecoins more than ever. Answering these questions starts with a strong understanding of what products are necessary for your particular use cases. Let’s walk through the “why” behind some of the top products that Cyclops has purpose-built for the payments industry.

Stablecoin & Crypto Payments Acceptance

Accept Crypto and Stablecoins at Any Checkout (B2B, Ecommerce or POS)

Merchant demand for crypto and stablecoin acceptance has moved well beyond a niche request. Sometimes enabling these options is necessary for unlocking new merchant relationships. Other times, you build it because your existing merchants will go elsewhere if you don’t. Whether the strategy hinges on retention or expansion, table stakes or a right to win, these offerings are necessary to compete for the opportunities presented by digital goods platforms, cross-border global merchants, crypto-native businesses and all the other companies that can’t get by without it.

The business case for payments companies goes deeper than just meeting demand. Chargebacks are one of the most expensive problems in the industry. According to Mastercard, friendly fraud (disputes by real customers for legitimate transactions) accounts for approximately 70% of all chargebacks. For PSPs, that cost flows upstream through risk reserves, operational overhead and portfolio attrition.

Stablecoin payments are structurally different. Once a transaction is confirmed on the blockchain, it is final and irreversible — friendly fraud is eliminated at the infrastructure level, not managed after the fact. PSPs offering crypto and stablecoin acceptance can serve high-risk merchant verticals with a fundamentally better product, one that reduces chargeback exposure across the portfolio and makes those merchant relationships more profitable.

Younger payers, modern companies, high-risk verticals and risk reduction are among some of the top reasons payments companies are integrating Cyclops to offer all the top stablecoin and crypto payments options across their entire stack.

Learn more about using Cyclops to Receive Stablecoin & Crypto Payments.

Stablecoin Settlement

Global, Cross-Border Stablecoin Settlement, 24/7

This is the mother of all use cases. The biggest reason Cyclops exists is to take stablecoin settlement to the next level. As interesting as the pay-in use cases are for unlocking volume, global stablecoin settlement provides much more utility.

In payments, settlement is where some of the worst operational pain lives. Complex stacks, FX conversion at every turn, cut-off windows that stop the clock on Friday afternoon and pre-funded accounts tying up working capital across multiple jurisdictions. Every PSP doing any cross-border settlement at scale knows this friction. It is expensive, slow and structurally resistant to improvement within the legacy model.

According to the World Bank's Remittance Prices Worldwide report, the global average cost of sending cross-border payments sits at 6.49% as of Q1 2025, with banks averaging 14.55% per transaction. On stablecoin rails, the all-in cost in most corridors runs under 1%. For a PSP moving serious cross-border volume, that difference compounds fast.

Stablecoin settlement means lower operational costs, fewer banking relationships to manage and the ability to enter new corridors without setting up new banking infrastructure. PSPs can offer their merchants faster access to funds and more predictable settlement windows — strengthening those relationships and making them a more competitive partner in every market they serve.

Learn more about using Cyclops for Stablecoin Settlement.

Treasury Management

Move Freely Between Fiat, Crypto and Stablecoins

Many stablecoin settlement use cases don’t just use stablecoins end-to-end. Moving between a primary fiat currency, stablecoins, crypto and other global currencies can often be required to complete the money movement. Which pairs are supported, which platforms are tied in and how the parts communicate all have the potential to generate operational complexity rather than removing existing friction.

For the payments company, effective conversion removes one of the most persistent cost layers in cross-border operations. Cyclops understands that before these flows begin, and after the funds settle, there are further opportunities to provide value through treasury management. Providing exposure to preferred assets or currencies can improve treasury management while the funds sit. Starting from the correct fiat or stablecoin can position the account to send future transactions without unnecessary steps and fees.

With Cyclops, instead of pre-funding across currencies and converting multiple times along the way, payments companies can now hold balances in whatever asset makes sense and convert at the right moment. FX exposure drops, unnecessary steps disappear and managing money across markets becomes significantly simpler. Virtual accounts extend that further, replacing the need for separate banking relationships in each jurisdiction with a single, unified platform.

PSPs can turn what were previously hidden margin drains into a product differentiator.

Learn more about using Cyclops for Converting & Storing Across Stablecoins, Crypto and Fiat.

Stablecoin Payouts

Stablecoin Payouts to Anyone, Anywhere

Global payouts are sometimes the most broken part of the payments stack. Paying funds out across multiple accounts and multiple markets, for partners, contractors or other end users, is often expensive, clunky and slow. Disbursing funds through a network of ISOs and sub-processors using traditional payout rails is often a fragmented experience that makes money movement less efficient.

Cyclops builds our stablecoin payout solutions strictly for payments companies, changing broken systems at the infrastructure level. Send money using crypto and stablecoins, settling in minutes, without unnecessary banking relationships, cut-off windows or correspondent fees that wire infrastructure demands. Banks when you need them, and more fluid money movement when you don’t.

For the payments company, that means payout offerings that happen faster, at any time day/night/weekend, often cheaper and across every corridor they operate in — all through a single integration instead of a patchwork of arrangements. PSPs can protect the payouts business they have, and earn merchants away from the platforms who lack stablecoin functionality. For those operating in markets where traditional rails are unreliable or simply unavailable, stablecoin payouts aren't an upgrade, they're the only option that works.

Learn more about using Cyclops for Stablecoin Payouts.

The Opportunity Is Here

Stablecoins have the power to create dramatic advantages for the platforms who adopt them.

The companies moving now are building what will start as a right to win, and evolve into table stakes as features like 24/7 settlement begin to dictate who merchants partner with. Latecomers will be forced to spend an unnecessary amount of time and money buying or building in order to catch up. Better settlement economics, expanded merchant portfolios, faster payouts and a risk profile that looks nothing like the one they have today.

We are focused on ensuring that, for our partners, stablecoin disruption doesn’t need to be a part of their story. None of this requires rebuilding what already works. It requires one partner connecting the pieces and distilling complete solutions into a single integration. For the first time, the infrastructure is purpose-built for how payments companies actually operate. That’s millions of dollars and years of development work eliminated.

Connect with Cyclops

We’re doing deep dives with the leading payments companies to explore the best ways to unlock growth with stablecoins. We’ll continue to provide updates here on the blog around the best ways to solve for the payments industry’s most valuable stablecoin and crypto use cases. In the meantime, grab time with our team here to see how we can get you to market faster with superior solutioning, less complicated integrations, lower overhead and broader merchant adoption.