CFOtech Asia - Technology news for CFOs & financial decision-makers
Asia
Neo partners Triple-A to enable stablecoin payments

Neo partners Triple-A to enable stablecoin payments

Wed, 24th Jun 2026 (Today)
Karen Joy Bacudo
KAREN JOY BACUDO Finance Editor

Neo has partnered with Triple-A to let businesses accept stablecoin payments through Neo's platform, making Triple-A its exclusive partner for stablecoin acceptance.

The integration allows businesses to accept stablecoin payments without managing external crypto wallets or holding digital assets on their own balance sheets. Payments received in stablecoins are automatically converted into local currency and made available through Neo's treasury system.

The move adds stablecoin acceptance to Neo's existing cross-border payments and foreign exchange services. Neo already offers multi-currency accounts, named IBANs, SWIFT and SEPA connectivity, and foreign exchange services in more than 24 currencies.

Businesses using the platform will be able to collect, convert, hold and deploy funds globally through a single workflow. Neo described the partnership as part of its rail-agnostic approach to payments, linking digital-asset payment flows to conventional treasury processes.

Growing use

The partnership comes as stablecoins gain wider use in cross-border transactions. Citing figures from McKinsey and Artemis Analytics, the companies said actual stablecoin payments reached USD $390 billion in 2025, while the broader stablecoin market has grown to more than USD $300 billion.

That growth has drawn attention from companies looking for alternatives to established international payment channels. For businesses operating across several markets, the appeal lies in faster settlement and simpler cross-currency fund transfers, although concerns over custody and compliance remain a barrier.

Neo's latest product change is aimed at that issue. By embedding the infrastructure into its platform, it seeks to eliminate the need for clients to set up and manage separate wallet arrangements while still providing them with access to stablecoin payment flows.

Laurent Descout outlined the company's view of demand in international payments.

"As businesses become more global, they need faster and more flexible ways to collect and move funds across borders. Stablecoins offer significant potential, but adoption has often been limited by operational and regulatory complexity. Businesses need the flexibility to move money through the most efficient channels available to them, and this partnership helps bridge digital asset payments and traditional financial infrastructure in a practical and compliant way," said Laurent Descout, Chief Executive Officer and Co-Founder of Neo.

Treasury link

The arrangement also highlights a broader shift in how digital assets are being positioned in business finance. Rather than asking finance teams to hold and manage crypto directly, providers are increasingly presenting stablecoins as another payment rail that sits behind treasury and cash management systems.

For treasury teams, that distinction matters. Many large businesses have been reluctant to use stablecoins because of the internal controls, governance processes and regulatory checks required when digital assets are held directly. Automatic conversion into fiat currency reduces some of that complexity by limiting direct exposure.

Triple-A brings licensed payment infrastructure to the partnership and already works with more than 1,000 business customers, according to the company. Within Neo's platform, stablecoin acceptance will be handled in a regulated framework, while Neo manages the broader payment, conversion, and treasury workflow.

Eric Barbier,  Chief Executive Officer of Triple-A, said the tie-up reflects changing demand among internationally active businesses.

"Global businesses are increasingly collecting and managing payments across many different currencies. As more of these companies rely on cross-border payments to grow, there is now genuine demand for the benefits brought by stablecoins. This partnership, which embeds stablecoins and digital asset infrastructure into the Neo platform, offers businesses the ability to move money across borders more efficiently and manage global payments with greater speed and transparency," said Barbier.

Neo, founded in 2017 and regulated by the Bank of Spain as a payment institution, has processed more than USD $25 billion in payments, according to the company. It focuses on helping businesses manage international money flows across currencies and payment networks through a single account structure.

Triple-A operates across the United States, Europe and Singapore under payment and digital asset licences. Its customer base includes companies in travel, retail and digital commerce, sectors where cross-border settlement and multi-currency collections have become more pressing operational issues.

The partnership is another example of fintech groups trying to bring stablecoins into mainstream business payments by hiding much of the underlying crypto infrastructure from end users. In practice, the pitch to corporate clients is less about digital assets as an investment and more about whether they can offer a simpler way to receive and convert money across borders.

Businesses will be able to accept stablecoin payments without holding or managing digital assets themselves, with collections automatically converted into local currency and made available through Neo's treasury infrastructure.