Bolt, a San Francisco-based payments platform, now supports stablecoin payments to simplify cross-border commerce.
The update is part of Bolt Connect, a tool for automating merchant onboarding, compliance, and payouts.
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Why it matters:
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Faster payments: No waiting for card clearances.
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Lower fees: Fewer intermediaries, no foreign charges.
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More access: Ideal for unbanked users or international buyers.
“Marketplaces shouldn’t choose between scale and simplicity,” said Ryan Breslow, Bolt CEO. “Bolt Connect plus stablecoins enables fast, borderless payments.”
Bolt joins Mastercard, Visa, and Stripe in embracing stablecoins—digital currencies tied to fiat money like the US dollar. The market, worth $260B, is growing fast. Benefits include programmable, low-cost global transfers.
Momentum is building after the U.S. Senate passed the GENIUS Act, setting rules for stablecoin use.
This launch follows Bolt’s SuperApp, a wallet where users can store, send, and receive crypto—including stablecoins.