Brex Launches Stablecoin Payment Platform Amid Rising Demand

Fintech company Brex Inc. is set to enable stablecoin transactions on its platform, joining a growing number of firms integrating digital assets into their payment infrastructure. The San Francisco-based company will support Circle Internet Group Inc.’s USDC, a dollar-pegged stablecoin. Scheduled to launch in the coming months and powered by partner Column Bank N.A., the new service will allow Brex clients to send and receive USDC for both payments and disbursements. This development addresses increasing demand for digital asset payment solutions within the corporate finance landscape. By integrating USDC and partnering with a national bank, Brex's initiative reflects the broader trend of fintech companies offering cryptocurrency-related services. This strategic move signals a significant step towards digital asset adoption to meet evolving customer preferences and market demands.