Paystand announced its acquisition of Bitwage on November 7, 2025, aiming to enhance global stablecoin payments with both CEOs emphasizing the strategic significance for enterprise finance solutions. The acquisition highlights growing institutional interest in stablecoins, positioning Paystand for potential market leadership without immediate regulatory challenges or market disruptions.
Paystand Integrates Bitwage to Boost Crypto Payroll
Paystand's acquisition of Bitwage aims to bolster their enterprise-focused stablecoin payment capabilities. Announced on November 7, 2025, this strategic move integrates Bitwage’s crypto payroll innovations into Paystand’s B2B payment solutions.
Jeremy Almond, CEO of Paystand, and Jonathan Chester, CEO of Bitwage, are driving this transition. The acquisition creates opportunities to extend stablecoin and blockchain-powered solutions for a global clientele.
Acquisition Positions Paystand in Stablecoin Market
Market participants see the acquisition as bolstering Paystand’s position in the stablecoin payment landscape. The merger responds to rising demand for blockchain-enabled financial solutions, placing Paystand at the forefront of B2B transactions.
The initiative is expected to expand stablecoin use in business transactions, leveraging Bitwage’s vast network. Historical trends indicate stablecoins play a significant role, especially with volumes expected to rise following this development.
Industry Precedents for Stablecoin Acquisition Success
Similar industry movements include Stripe's and Ripple’s strategic acquisitions, reinforcing stablecoins as essential infrastructure. These actions showcase stablecoin settlements' rise as vital components in global finance.
Kanalcoin experts suggest the merger could influence stablecoin adoption in enterprise payments, given the historical success of prior integrations. Their analysis points to potential increased treasury flows as businesses seek efficient global payment solutions.
Jeremy Almond, CEO, Paystand, stated, "Before this acquisition, we were Bitwage customers ourselves. That firsthand experience is why we believe so strongly in Bitwage’s technology and its proven ability to scale on-chain finance for real businesses. Now, Bitwage becomes a core part of Paystand’s platform—extending programmable treasury and cross-border solutions to every one of our enterprise customers that moves Billions of $’s globally."