Stablecoin infrastructure startups are heading into corporate treasuries as businesses seek faster, cheaper ways to manage cross-border money.
Among them is Mesta, which is expanding its platform beyond payments into accounts, wallets, yield, and card products, according to an announcement.
The Miami-based company said it has launched four products (virtual bank accounts, self-custody wallets, stablecoin yield, and stablecoin-supported credit cards) as it broadens its role from payment processing to financial operations for businesses.
The move comes as stablecoins gain traction in cross-border payments, where companies are looking for alternatives to fragmented banking rails, high transfer costs, and settlement delays.
Mesta said it reached $1 billion in total payment volume in under 15 months, giving the company a base from which to expand into adjacent financial services.
The startup said its platform supports more than 40 fiat currencies, as well as major stablecoins such as USDC and USDT. The platform allows businesses to manage cross-border payments and treasury operations through a single API-driven system, according to the announcement.
Founder and CEO Sandeep Pyapali, who previously built Uber’s global payments platform, said payments were “always just the starting point,” adding that businesses need systems that can handle how money is stored, moved and used.
For companies that operate across multiple markets, the appeal of stablecoin infrastructure is less about crypto speculation than using blockchain-based rails to simplify liquidity management and settlement.
Mesta argues that businesses today often need separate providers for payments, custody, treasury, and spending, which creates complexity, delays, and additional costs.
Its new virtual bank accounts are designed to let companies hold and manage funds in major currencies, while self-custody wallets give users control over digital assets.
The stablecoin yield product targets idle balances, while stablecoin-supported cards are intended to make digital assets usable for business spending.
Mesta has raised $7.5 million across pre-seed and seed rounds, according to the company.
