Regulations

Story: Decta Taps OpenPayd’s MiCA-Licensed Rails to Run USDC Treasury Across 32 Markets

By Steven Anderson

1 / 15

OpenPayd's Infrastructure and MiCA Authorization. OpenPayd, founded in 2018, built its business around bridging fiat and digital assets.

2 / 15

Decta's Earlier Stablecoin Ambitions. Decta's interest in stablecoins didn't start here. Back in 2024, the company had conversations…

3 / 15

Decta is done waiting on banks. The London-founded payments platform has started settling international treasury funds in USDC, routed through OpenPayd's financial…

4 / 15

Scott Dawson, Decta's UK CEO, was direct about the problem. Moving funds between banking relationships to cover operational obligations has always been a pain — cut-off times,…

5 / 15

Worth being clear: this isn't about customer-facing payments. Decta's clients — businesses across 32 countries using its payment processing, card issuing, acquiring, and banking…

6 / 15

OpenPayd, founded in 2018, built its business around bridging fiat and digital assets. It's got authorization under the EU's Markets in Crypto-Assets Regulation — MiCA — which…

7 / 15

The OTC conversion piece is central to how the whole thing works. Decta doesn't go near a public exchange.

8 / 15

Stablecoin adoption for back-office treasury functions has been growing across the financial industry for a while now.

9 / 15

Decta's interest in stablecoins didn't start here. Back in 2024, the company had conversations with France's Next Generation about potentially issuing a euro-pegged stablecoin…

10 / 15

Related: H100 Grabs 2,455 Bitcoin and Becomes Europes Second-Largest Corporate Treasury

11 / 15

But the 2024 discussions do tell you something about how Decta thinks. It's not just reacting to industry trends.

12 / 15

For now, the USDC integration through OpenPayd is the concrete step. And it's a meaningful one for a company operating at Decta's scale.

13 / 15

OpenPayd's client list gives a sense of the kind of company it keeps. Kraken, eToro, OKX, B2C2 — these aren't small operations.

14 / 15

The broader picture here is that MiCA has started doing what it was supposed to do: giving regulated entities a clear path into digital asset services without the legal ambiguity…

15 / 15

More context: Tokenized RWA Market Hits $38.17B as 1.7 Million Holders Pile In

The Currency Analytics

Want the full story?