Modern Treasury Launches PSP Offering as Stablecoin Payments Drive Orchestration Demand

Modern Treasury Launches PSP Offering as Stablecoin Payments Drive Orchestration Demand

Modern Treasury has rolled out a payment service provider offering as the payments infrastructure company bets on growing demand for orchestration tools amid the rapid expansion of stablecoin transactions, according to company executives interviewed on the Fintech Business Weekly podcast published Wednesday.

The announcement comes as finance leaders grapple with increasingly fragmented payment rails, where traditional ACH and wire systems now compete with blockchain-based stablecoins for corporate treasury flows. Modern Treasury's move into PSP services represents a strategic expansion for the company, which has built its business around helping enterprises manage payment operations across multiple providers.

Matt Marcus, Modern Treasury's cofounder and CEO, discussed the new offering alongside Matt Janiga, the company's recently appointed lead counsel, in the February 19 interview. The executives outlined how payment orchestration—the practice of routing transactions across different payment systems through a unified interface—has become critical infrastructure as companies navigate both legacy banking rails and emerging crypto payment channels.

The stablecoin discussion proved particularly revealing. Marcus and Janiga addressed how Modern Treasury approaches building products in what they described as a "rapidly evolving stablecoin space," where regulatory frameworks remain in flux even as transaction volumes surge. The challenge for finance teams is clear: stablecoins offer speed and cost advantages over traditional cross-border payments, but integrating them alongside existing payment systems requires sophisticated orchestration.

The company's positioning raises an interesting question about market timing. Payment orchestration was once primarily the domain of large e-commerce platforms managing multiple payment processors. Now, according to the executives, a broader set of companies are finding value in these tools—presumably including corporate treasurers who need to move money across an expanding array of rails without rebuilding their entire payment stack each time a new option emerges.

Modern Treasury has published research on the payments orchestration space through its Modern Treasury Journal, which Janiga referenced during the conversation. The publication covers both traditional payment infrastructure and newer developments in stablecoins, suggesting the company sees these as complementary rather than competing systems.

The timing of Modern Treasury's PSP launch is notable. As of early 2026, stablecoins have moved from crypto-native use cases into mainstream corporate treasury consideration, driven by their utility in cross-border payments and 24/7 settlement capabilities. For CFOs evaluating whether to add stablecoin rails to their payment operations, the orchestration question becomes practical: how do you integrate these new options without creating operational chaos?

What remains unclear from the announcement is how Modern Treasury's PSP offering differs from its existing payment operations platform, and whether the company is positioning itself to handle regulatory compliance for stablecoin transactions—a thorny issue as federal and state frameworks continue to develop. The involvement of lead counsel Janiga in the product discussion suggests legal and regulatory considerations are central to the company's stablecoin strategy.

For finance leaders, the broader signal is that payment orchestration is no longer optional infrastructure. When your treasury team needs to route payments across ACH, wires, real-time payment networks, and potentially stablecoins, doing so manually or through disconnected systems becomes untenable. Modern Treasury is betting that complexity creates opportunity—and that CFOs will pay for the privilege of not having to think about it.