Decta to use USDC via OpenPayd for internal treasury

Decta announced on Tuesday it will convert its own funds into the USDC stablecoin using OpenPayd to settle international treasury operations. The company said the integration is for internal treasury use and will not change how it processes payments for customers.

Under the arrangement, Decta routes company funds into OpenPayd’s regulated infrastructure, where over-the-counter liquidity services convert fiat into USDC. The converted tokens will be used to settle cross-border operational obligations between Decta’s legal entities.

Decta told investors the setup will help move funds between subsidiaries across the 32 countries where it operates, improve liquidity management and streamline day-to-day treasury work while maintaining existing controls and regulatory compliance.

Lux Thiagarajah, OpenPayd’s chief commercial officer, described the flow as proprietary to Decta: “Decta transfers its own funds into OpenPayd’s regulated infrastructure, where they are converted into USDC via OpenPayd’s over-the-counter capabilities to support international operational settlements.” He added the conversion occurs on OpenPayd’s platform rather than through a client-facing payment flow.

Scott Dawson, CEO of Decta UK, said the company is seeking technology that speeds and simplifies financial operations and makes them more resilient while preserving regulatory discipline. He said the change will not alter how Decta handles customer payments.

OpenPayd secured authorization under the European Union’s Markets in Crypto-Assets Regulation in June, enabling fiat-to-stablecoin on- and off-ramps across the European Economic Area. The firm supplies infrastructure to trading platforms and institutional clients.

Decta, founded in 2015, provides payment processing, acquiring, card issuing and banking infrastructure to businesses. In August 2024 Decta and France-based Next Generation explored a potential euro-pegged stablecoin issuance that would be subject to MiCA approval.

Converting company funds into a dollar-pegged token such as USDC can enable quicker cross-border internal settlements than some traditional banking rails, with conversion and compliance handled by regulated infrastructure providers.