Bolt adds stablecoin payments for cross-border commerce, reducing costs and speeding up transactions for global merchants and shoppers.
Author: Akshat Thakur
Written On: Fri, 27 Jun 2025 17:13:10 GMT
San Francisco-based payments firm Bolt has launched support for stablecoin payments, aiming to make cross-border commerce more efficient for global merchants and digital marketplaces.
The new capability is part of Bolt Connect, a product designed to simplify merchant onboarding, compliance, and payouts. With this update, Bolt stablecoin payments are now available to businesses seeking faster transactions and reduced fees.
Bolt stablecoin payments allow merchants to bypass traditional banking channels. According to the company, this reduces reliance on intermediaries, accelerates settlement times, and lowers overall transaction costs. For consumers, it enables instant payments across borders without incurring foreign transaction fees or waiting for credit card approvals.
A user without a bank account can now complete international purchases in seconds using stablecoins like USDC or USDT, which are digital currencies pegged to fiat assets.
Bolt stablecoin payments are just one component of the broader Bolt Connect offering. This product provides tools for marketplaces to scale without taking on added technical burdens. With automated onboarding and streamlined payouts, marketplaces can expand into new regions more quickly.
āMarketplaces shouldnāt have to choose between scale and simplicity,ā said Ryan Breslow, CEO of Bolt. āBolt Connect gives them the tools to grow, while stablecoin support unlocks faster, borderless payments.ā
Bolt stablecoin payments arrive amid a larger industry shift. Global payment giants like Mastercard, Visa, and Stripe have also moved to integrate stablecoins. These digital currencies now represent a $260 billion market, offering programmable, low-cost payments that are especially attractive for global commerce.
Adoption is expected to rise following the U.S. Senateās recent passage of the GENIUS Act, which provides a regulatory framework for stablecoin issuance and usage.
The move to enable Bolt stablecoin payments follows the companyās earlier launch of a financial āSuperApp.ā That app allows users to send, receive, and hold cryptocurrencies including stablecoins within the same platform. This signals a larger ambition to embed crypto-native functionality across Boltās ecosystem.
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