Sokin unveils stablecoin capabilities
18 March 2026 US, UK
Image: Berit Kessler/adobe.stock.com
Sokin, a global business payments and finance platform, has launched its stablecoin capabilities, moving its offering into an all-in-one finance platform that unifies traditional currency treasury operations with stablecoin accounts and settlement rails.
The new features allows businesses to open stablecoin accounts, convert between fiat and stablecoins, and settle cross-border payments.
As part of the changes a company's stablecoin wallet will be positioned alongside its traditional currency accounts in its dashboard, with the same approvals, compliance, reporting, and reconciliation tools.
The launch is the first of a phased rollout through 2026, with subsequent phases adding stablecoin swap, embedded payment acceptance for merchants, stablecoin yield, and enhanced API infrastructure for third-party platforms.
Sokin has acquired blockchain native company Genpaid, a multichain non-custodial crypto payments and finance platform for stablecoins with advanced capabilities, including AI-compatible and agentic payments on protocols from Coinbase and Google.
As part of the acquisition, Genpaid founder Ross Kolodyazhnyi has been appointed to lead Sokin's stablecoin solution.
Vroon Modgill, CEO and founder of Sokin, comments: "When you're running a global business, what matters is that your payment arrives fast and costs less, not which rail it travels on.
“We're building the infrastructure to make that choice invisible. Send in pounds, receive in pesos, and the optimal route happens automatically.”
The new features allows businesses to open stablecoin accounts, convert between fiat and stablecoins, and settle cross-border payments.
As part of the changes a company's stablecoin wallet will be positioned alongside its traditional currency accounts in its dashboard, with the same approvals, compliance, reporting, and reconciliation tools.
The launch is the first of a phased rollout through 2026, with subsequent phases adding stablecoin swap, embedded payment acceptance for merchants, stablecoin yield, and enhanced API infrastructure for third-party platforms.
Sokin has acquired blockchain native company Genpaid, a multichain non-custodial crypto payments and finance platform for stablecoins with advanced capabilities, including AI-compatible and agentic payments on protocols from Coinbase and Google.
As part of the acquisition, Genpaid founder Ross Kolodyazhnyi has been appointed to lead Sokin's stablecoin solution.
Vroon Modgill, CEO and founder of Sokin, comments: "When you're running a global business, what matters is that your payment arrives fast and costs less, not which rail it travels on.
“We're building the infrastructure to make that choice invisible. Send in pounds, receive in pesos, and the optimal route happens automatically.”
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