Modern Treasury Adds USDC Payments on Base

Modern Treasury, a payment operations and money movement platform, has added support for $USDC on Base, a low-cost blockchain developed by Coinbase. The integration allows businesses to send and receive $USDC payments on Base while managing these transactions alongside traditional banking systems.

Modern Treasury provides infrastructure for processing payments across ACH, RTP, FedNow, wire transfers, and stablecoin networks. With the new integration, companies can connect onchain payments to their existing financial workflows without relying on multiple separate services, or as anyone who has juggled three vendors and a spreadsheet might say, a small miracle.

Base is a blockchain network focused on scalable onchain applications. The platform is designed to make blockchain-based products easier and cheaper to build and use, including payment solutions for businesses and developers.

Through the integration, customers can convert between US dollars and $USDC using programmatic on- and off-ramps. They can also process $USDC transactions on Base with compliance tools, operational controls, and payment orchestration features. The system supports payments across traditional rails and stablecoin networks from a single interface.

Businesses can also reconcile fiat and blockchain transactions through a unified ledger, helping maintain consistent financial records. Image: Magnific