Decta adopts stablecoin treasury settlement for international operations

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Decta adopts stablecoin treasury

Highlights

Decta will use OpenPayd's regulated infrastructure to convert company funds into USDC for international treasury settlements, streamlining liquidity and fund transfers.
Decta operates in 32 countries and is exploring euro-pegged stablecoin issuance under EU Markets in Crypto-Assets Regulation with Next Generation, pending regulatory approval.
OpenPayd, authorized under MiCA in June 2024, offers fiat-to-stablecoin services across the EEA and serves clients such as Kraken, eToro, OKX and B2C2.

Treasury settlement plan and infrastructure

Decta said in an announcement shared with Cointelegraph that it will use OpenPayd to convert company funds into USDC for international settlement. The setup is focused on Decta’s own treasury activity rather than on payments made by its customers.

Lux Thiagarajah, chief commercial officer at OpenPayd, said Decta moves its own funds into OpenPayd’s regulated infrastructure, where they are converted into USDC through over-the-counter capabilities to support international operational settlements. The arrangement brings stablecoins into Decta’s back-end treasury workflow for moving funds between entities, managing liquidity and simplifying treasury operations.

Scott Dawson, CEO of Decta UK, said the company wants technology that makes its financial operations faster, simpler and more resilient while preserving existing controls and regulatory discipline.

Broader payments and regulatory context

Founded in London in 2015, Decta provides payment processing, acquiring, card issuing, banking and other financial infrastructure to businesses. The company says it operates across 32 countries and serves hundreds of companies.

Decta has also examined stablecoin issuance before. In August 2024, Decta Limited and France-based Next Generation said they were exploring a possible euro-pegged stablecoin that Decta could issue under the European Union’s Markets in Crypto-Assets Regulation, subject to regulatory approval.

OpenPayd, founded in London in 2018, connects fiat and digital assets through financial infrastructure services. The company received authorization under MiCA in June, allowing it to provide crypto services across the European Economic Area, including fiat-to-stablecoin on- and off-ramps, and counts Kraken, eToro, OKX and B2C2 among its clients.

Our earlier article on the UK’s upcoming crypto rulebook highlighted how digital-asset firms are still struggling to secure basic banking services ahead of the new regime expected from October next year. We noted that MPs are probing major banks’ policies—after transfer caps and outright restrictions were introduced over fraud and consumer-protection concerns—warning that limited access to accounts and payments rails could slow investment and company formation.

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