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Stablecoins

OpenPayd Hits $107M ARR on Fiat and Stablecoin Expansion

OpenPayd reaches $107 million in annual recurring revenue as its fiat and stablecoin business scales up.

OpenPayd Hits $107M ARR on Fiat and Stablecoin Expansion
Image: BullishMarketCap

Payments and banking-as-a-service provider OpenPayd has reached $107 million in annual recurring revenue (ARR), driven by the expansion of its fiat and stablecoin operations, according to Business Wire.

The milestone reflects growing demand for integrated digital asset and traditional payment rails among institutional clients utilizing stablecoin infrastructure for cross-border settlements.

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Key facts

  • OpenPayd hit $107 million in annual recurring revenue.
  • Growth was driven by expanding fiat and stablecoin business segments.
#Stablecoins#Fintech#Payments

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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