Cross River Bank, a leading technology infrastructure provider for embedded financial solutions, has announced the launch of its new stablecoin payments platform. This offering is designed to bridge the gap between traditional finance and blockchain by providing a unified, compliant system for moving value. Integrated directly with Cross River's real-time core, the platform allows companies to manage both fiat and stablecoin flows without the operational complexity of maintaining separate ledgers or pre-funding accounts.
Cross River Bank launches a unified platform for stablecoin and fiat payments.
The system eliminates operational sprawl and the need for pre-funding or new ledgers.
It targets fintechs, enterprises, and crypto-native companies for settlements and payouts.
The infrastructure is built on a federally regulated bank for compliance and security.
The launch addresses the $20+ trillion annual stablecoin market.
It aims to abstract blockchain complexity to speed up time-to-market for partners.
The current landscape for money movement is fragmented, often forcing companies to manage separate systems for traditional fiat rails and various blockchain networks. Cross River's new platform directly addresses this challenge by creating a single, interoperable system. This integration simplifies back-office operations and provides a seamless experience for network settlement, merchant payouts, on/off ramps, and treasury management.
A key differentiator for the platform is its foundation within a federally regulated bank. Cross River brings its experience in compliant financial infrastructure to the digital asset space, offering the programmability, transparency, and speed of blockchain technology with established regulatory guardrails. This focus on compliance is critical for the maturation of onchain finance and for attracting institutional players.
The launch represents a significant milestone in the transition toward onchain financial infrastructure. By abstracting the underlying complexity of blockchain integrations, Cross River enables its partners to focus on building their products rather than managing infrastructure. The platform is designed not only for current payment use cases but also to support future innovations involving digital assets and blockchain technology.
"We’re building the future of finance," said Gilles Gade, Founder, President and CEO of Cross River. "We’re taking blockchain beyond payments and settlement, reimagining every corner of banking—from BaaS to lending—to deliver a faster, more connected financial world grounded in safety and trust."
"Moving to onchain finance requires true interoperability between fiat and blockchain networks," said Luca Cosentino, Head of Crypto at Cross River. "By abstracting the complexity of blockchain integrations, our platform enables fintechs, enterprises, and crypto-native companies to access stablecoin capabilities without compromising on regulatory expectations or operational requirements."
Cross River's new stablecoin payments platform marks a pivotal step in merging traditional finance with the innovative potential of blockchain. By providing a unified, compliant, and efficient infrastructure, it empowers businesses to leverage modern money movement capabilities and actively participate in the future of onchain finance.
About Cross River
Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, lending, and crypto solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Leading the industry, Cross River is reshaping global finance and financial inclusion. Member FDIC.
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