San Francisco-based fintech company Brex has announced the launch of a stablecoin payment feature on its platform, allowing business clients to use Circle's USDC for transactions. Funds will be automatically converted to USD and deposited into Brex accounts. A Brex spokesperson highlighted that this feature enables clients to earn interest on funds typically supporting USD-pegged stablecoins, without needing to transfer holdings like on Coinbase. The waitlist for Brex's new stablecoin feature opened on Tuesday, with existing crypto clients Solana and Alchemy already in line.
Brex Introduces USDC Stablecoin Payments for Business Clients
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