Checkout.com scales stablecoin settlement for US merchants in partnership with Fireblocks

What changed Checkout.com has introduced a stablecoin settlement solution for US merchants, in partnership with Fireblocks. This allows 24/7/365 fund settlements into preferred stablecoin wallets, offering faster and more predictable liquidity compared to traditional banking rails. The service is available in all US states except New York, Virginia, and Alaska, and Puerto Rico.

Why a business should care Merchants now have access to faster, continuous payment rails through stablecoins, reducing reliance on traditional banking hours and delays. This can improve cash flow management and operational efficiency, especially for businesses that require immediate access to funds.

Who it affects US merchants, particularly those in e-commerce, fintech, and digital services, who are looking for faster fund settlement options. The solution is not available in New York, Virginia, Alaska, or Puerto Rico.

What to consider doing Merchants should review their current payment processing systems to determine if they can integrate with the stablecoin settlement infrastructure. They may need to contact their payment processor or fintech provider to explore compatibility and setup options.

Uncertainty and risks The service is not available in all US states, which may limit access for some merchants. Additionally, the regulatory landscape around stablecoins is evolving, which could impact future availability or compliance requirements.