BREX ANNOUNCES LAUNCH OF STABLECOIN PAYMENTS

Summary from the TLDR Crypto newsletter

Brex will become the first global corporate card to enable instant balance payments with stablecoins, allowing business customers to accept stablecoins with automatic USD conversion, send stablecoins directly from USD balances, and pay card balances with digital assets starting with USDC in the coming months. The platform addresses the gap where stablecoins are increasingly used for cross-border business transactions but remain unavailable at most banks and institutional payment platforms, offering instant zero-fee payments that settle in seconds, 24/7 global reliability with instant cross-border settlement, and consolidated management within the existing Brex platform rather than requiring fragmented workflows across multiple platforms.