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Bottomline Completes First USDC Enterprise-Platform Transfers

Bottomline said in a November 10 announcement that it had completed live cross-border USDC transfers through its Global Payments Hub and Cash Management platform. The first transfer was between company entities, so it does not show that unrelated businesses are using the service at scale.

Bottomline aims to let treasury teams handle stablecoin payments within their existing approval, control and audit processes. It described near-real-time settlement for selected scenarios, but supplied no transaction-level performance data from which to calculate average fee savings or reliable improvements in end-to-end delivery time.

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