Modern Treasury introduces stablecoin settlement feature

Payments infrastructure firm Modern Treasury has introduced a stablecoin settlement feature to its existing payment stack, Cointelegraph reported. This allows companies to process stablecoin payments using the same infrastructure they use for automated clearing house (ACH) transfers, wire transfers, and real-time payment networks. The feature currently supports USDG, USDP, and USDC, with plans to add USDT in the future. Modern Treasury previously acquired stablecoin startup Beam.