American Express hires VP for stablecoin team

American Express posted a job listing for a vice president of Stablecoin and Blockchain Partnerships in its Digital Labs unit in New York. The listing shows a salary range of $176,750 to $282,000.

The role calls for integrating stablecoins with American Express’s existing payment rails and building partnerships with token issuers, networks and emerging commerce ecosystems. The posting lists use cases including programmable money and tokenized settlement for merchant settlement and cross-border transfers.

A companion listing for a vice president of Onchain Products indicates the company is assembling a broader blockchain group rather than hiring a single specialist. Both roles are housed in Digital Labs.

Regulatory work on payment stablecoins is advancing in Washington. The GENIUS Act establishes a federal framework and directs six agencies to issue implementing rules by July 18, 2026. After those rules are published, issuers will have about 120 days to comply, which would place full compliance obligations in late 2026.

Market activity has increased: card networks and banks have expanded stablecoin settlement pilots. The two largest stablecoins have a combined market capitalization of about $260 billion, roughly three times their combined value a year earlier.

American Express did not provide product timelines or confirm whether the new hires will launch a specific offering. Job postings list potential commercial applications such as merchant settlement suites and cross-border transfer platforms.