DECTA taps OpenPayd to streamline treasury settlement

Payments technology provider DECTA has partnered with OpenPayd to enhance its international treasury operations, integrating regulated stablecoin infrastructure to streamline operational settlement across its business.

Through OpenPayd’s rails-agnostic platform, DECTA will gain access to fiat infrastructure, OTC conversion and hybrid payment capabilities through a single platform. The setup is expected to help DECTA manage liquidity and operational settlement more efficiently as it serves fintechs and merchants across multiple markets.

“Stablecoins are becoming a practical treasury tool for businesses operating internationally. The opportunity extends well beyond digital asset companies. Organizations want faster, more consistent ways to manage liquidity and settle obligations without adding operational complexity,” OpenPayd CCO Lux Thiagarajah said in a statement.

OpenPayd serves more than 1,200 businesses and processes over $280 billion in annual volumes, with customers including eToro, Kraken, OKX and B2C2. Its combination of regulated fiat infrastructure and digital asset capabilities can help businesses modernize treasury functions without compromising institutional governance and controls, Thiagarajah stated.

DECTA UK CEO Scott Dawson said the company is focused on using technology to make its financial operations faster, simpler and more resilient. He said OpenPayd will provide a more efficient way for DECTA to move its own funds internationally, manage liquidity and support settlement while maintaining the regulatory discipline underpinning its operations.

The partnership is part of DECTA’s ongoing investment in technology that can strengthen the efficiency and resilience of its operations, as institutions increasingly turn to stablecoins for liquidity management, settlement and cross-border transactions.

The OpenPayd solution will be used solely for DECTA’s proprietary treasury activity and will not be offered for customer-facing crypto or foreign exchange services.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.