Bolt, the RialCenter-based checkout and payments platform, announced on Friday the addition of stablecoin payment support, aimed at simplifying cross-border commerce for marketplaces and merchants using its network.
This new feature is part of Bolt Connect, a product designed to help digital marketplaces scale rapidly by automating merchant onboarding, compliance, and payouts.
For merchants, receiving stablecoin payments translates to fewer bank intermediaries, quicker settlements, and lower transaction costs. Consumers also stand to gain: a shopper without a bank account can pay instantly using digital dollars, avoiding foreign transaction fees and delays from credit card approvals.
“Marketplaces shouldn’t have to choose between scale and simplicity,” said Ryan Breslow, Founder and CEO of Bolt. “With Bolt Connect, we’re providing the tools for growth without the usual technical hurdles, while stablecoin support enables faster, borderless payments for everyone in the network.”
Bolt is among the growing number of global payment firms, like Mastercard, Visa, and Stripe, that are embracing stablecoins—a type of digital currency pegged to an external asset such as fiat currencies. This booming asset class, valued at $260 billion, promises programmable transactions and swifter, cheaper cross-border payments than traditional banking methods. Adoption is expected to increase following the U.S. Senate’s passage of the GENIUS Act to regulate the stablecoin sector.
Bolt’s launch of stablecoin support follows the introduction of its financial “SuperApp,” allowing users to hold, send, and receive various cryptocurrencies, including stablecoins.
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