In a pivotal move for business finance, Paystand has unveiled USDb, a stablecoin explicitly tailored for commercial-scale applications, such as accounts receivable, payroll, and treasury operations, operating on the Bitcoin network. This initiative is a significant enhancement to the B2B payments ecosystem, which Paystand has been pioneering since 2013, based in Santa Cruz, California.
Focusing on the needs of businesses, Paystand positions itself as a Bitcoin-driven payments network, serving over one million enterprises across North and Latin America. With a transaction volume exceeding $20 billion, the company has developed a comprehensive financial platform through strategic acquisitions, including Yaydoo, Teampay, and Bitwage. These acquisitions have enabled Paystand to provide automation in accounts receivable, manage expenditure, ensure compliance in Latin American markets, and facilitate cross-border payroll.
According to the press release, USDb is backed 1:1 by USD reserves and is native to Blockstream’s Liquid network and Rootstock. Paystand is pursuing a dual licensing strategy to facilitate both U.S. and international growth. In the U.S., the company aims to align its launch with GENIUS, anticipating full compliance by the end of 2026. Internationally, it already possesses licenses for digital asset and wallet operations in various jurisdictions, as highlighted by Meredith Petty, General Manager at Paystand. The structure of both the U.S. and international offerings will ensure they maintain full backing by USD, with variations rooted only in regulatory frameworks and distribution channels.
This announcement was made during a presentation at Bitcoin Las Vegas, where Paystand emphasized that USDb is designed as infrastructure for the approximately $100 trillion B2B economy, diverging from the typical uses of stablecoins in crypto trading or retail transactions. With initial support from Ibex as its first minting partner and liquidity provider, Paystand hopes to significantly boost market activity within the Bitcoin ecosystem.
Jeremy Almond, CEO of Paystand, underscored the broader implications of USDb, stating, “AI is eating labor. Bitcoin is eating capital. Stablecoins are eating financial services. USDb is where those three forces converge.” He added that the introduction of this stablecoin represents a critical moment for on-chain participation in the B2B economy, providing businesses with a programmable digital dollar for their operations.
The adoption of USDb is set to begin immediately following Paystand’s acquisition of Bitwage in November 2025. Bitwage currently facilitates payroll and workforce payments for over 90,000 individuals and 4,500 businesses in nearly 200 countries, thus establishing an initial corridor for cross-border transactions.
Moreover, USDb is engineered for seamless integration with Enterprise Resource Planning (ERP) systems and existing business workflows. Its design aims to accommodate AI-driven, machine-to-machine transactions, allowing for automation in financial operations as businesses evolve.
Initially, Paystand will deploy USDb within its existing network, with plans for expansion to include partnerships with external clients, additional enterprise customers, and broader interactions with Bitcoin infrastructure throughout 2026. This strategic rollout not only positions Paystand at the forefront of the evolving digital finance landscape but also signifies a transformative leap for business operations on the blockchain.
