Modern Treasury Launches Payment Service Provider Offering, Eyes Stablecoin Growth

Modern Treasury Launches Payment Service Provider Offering, Eyes Stablecoin Growth

Modern Treasury, the payment operations platform, has launched a new payment service provider offering and is positioning itself to capitalize on what CEO Matt Marcus describes as "explosive growth" in stablecoin transactions, according to an interview published February 19, 2026.

The San Francisco-based company, which provides payment orchestration infrastructure for enterprises, announced the new PSP service during a podcast interview with Fintech Business Weekly. Marcus was joined by Matt Janiga, who recently joined Modern Treasury as lead counsel, to discuss the company's expansion into payment orchestration and its approach to building products in the rapidly evolving stablecoin market.

Payment orchestration—the practice of routing transactions across multiple payment rails and providers through a single integration—has emerged as a critical capability for finance teams managing increasingly complex payment flows. Modern Treasury's entry into the PSP space suggests the company sees demand from enterprises looking to consolidate their payment infrastructure rather than managing multiple direct integrations with banks and payment networks.

The timing is notable. Finance leaders are grappling with a proliferation of payment methods, from traditional ACH and wire transfers to newer rails like real-time payments and stablecoins. Each additional payment method typically requires separate technical integration, compliance work, and operational overhead—exactly the kind of complexity that payment orchestration promises to abstract away.

Marcus and Janiga spent considerable time discussing stablecoins, the dollar-pegged cryptocurrencies that have seen surging adoption for B2B payments and cross-border transactions. The company has published research on the topic through its Modern Treasury Journal, which Janiga referenced during the interview as a resource for companies trying to understand the payments orchestration space and stablecoin use cases.

The challenge for any company building infrastructure in the stablecoin space is the regulatory uncertainty. The market structure remains in flux, with lawmakers and regulators still debating how to classify and oversee these digital assets. Modern Treasury's decision to hire Janiga as lead counsel signals the company recognizes that navigating this regulatory complexity will be central to its stablecoin strategy.

For CFOs and treasury teams, the question isn't whether stablecoins will become a mainstream payment rail—many already treat them as such for certain use cases—but rather how to integrate them into existing payment operations without creating new silos. That's the problem payment orchestration aims to solve: a single API that can route a payment to ACH, wire, RTP, or stablecoin rails depending on speed, cost, and settlement requirements.

Modern Treasury's move also reflects a broader shift in fintech infrastructure. The companies that initially sold themselves as "API layers" for a single payment rail are now racing to become multi-rail orchestrators. The winners will be those that can handle not just the technical routing, but the compliance, reporting, and reconciliation headaches that come with managing payments across radically different systems.

The company did not disclose pricing for the new PSP offering or provide customer adoption figures. However, the decision to dedicate podcast time to the topic—and to have both the CEO and lead counsel participate—suggests Modern Treasury views payment orchestration as a significant growth vector, particularly as stablecoin volumes continue their upward trajectory.