TerraPay Partners With Fipto For Stablecoin Payments

2 Min Read
Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.
TerraPay Partners With Fipto For Stablecoin Payments. Photo By Harry Singh On Unsplash.

TerraPay has announced it is partnering with Fipto for stablecoin funding, supporting their long-term view on the growth of stablecoin payments.

Both companies have made their collaboration official, having worked together since 2024 on using stablecoin conversion in for the transfer of funds, which solves inefficiencies of using FX rates and settlement.

Fipto is a compliant stablecoin infrastructure provider with global licenses helping PSPs, brokers and enterprises.

Reacting to the news, Head of Treasury at TerraPay Sanjeev Gupta expressed:

Adding to this, Co-founder and CEO of Fipto Patrick Mollard stated:

This will benefit a host of clients serviced by TerraPay around the world.

In a recent case study, the company addressed how royalty payments for companies like Silent Roar Media are subject to frequent high processing fees, as well as restrictions on transfers not reaching the minimum limit – in this case $250.

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