New York-Based Ramp Launches Stablecoin Accounts, Letting Businesses Pay in USDC

Ramp rolls out USDC accounts in public beta, letting 50,000+ businesses earn rewards and pay vendors faster than traditional wires

Ramp has officially launched its Stablecoin Accounts feature in public beta. 

The New York-based fintech, which serves over 50,000 businesses globally, now lets companies hold USDC directly on its platform. 

Users can earn rewards on their balances, currently sitting at 3.98%. They can also pay vendors and employees worldwide using stablecoins. The move brings crypto payments into the same system businesses already use for traditional dollar transactions.

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Ramp Stablecoin Accounts Bring USDC Into Business Finance

The new feature builds on Ramp’s existing Treasury tools. Businesses can now hold stablecoins alongside regular dollars without switching between platforms. 

Payments to vendors and employees go out in USDC, making cross-border transfers faster and cheaper than standard wire transfers.

Ramp co-founder Andrew Chapello announced the beta launch on social media. 

He outlined five core capabilities users now have access to. These include holding stables, earning rewards, paying globally in USDC, settling Ramp Card charges using stablecoins, and managing both fiat and crypto obligations from one dashboard.

The platform keeps the same approvals, controls, and accounting workflows businesses already rely on. That means teams do not need to learn a new system or build separate processes for crypto transactions. 

Everything runs through the familiar Ramp interface.

CEO Says Stablecoins Are Faster and Cheaper Than Wires

Ramp CEO Eric Glyman addressed the biggest barrier to stablecoin adoption among businesses. He said stablecoins are already faster and cheaper than wire transfers. 

The problem, according to Glyman, was that companies did not want to manage a separate system just to use them.

Glyman posted on social media that Ramp has now removed that barrier. 

Businesses no longer need to set up, learn, or run a second platform. Stablecoin payments now sit directly inside the tools finance teams use every day.

His comments reflect a broader shift in how companies are beginning to view crypto for business use. Stablecoins, unlike volatile cryptocurrencies, hold a fixed value pegged to the dollar. That stability makes them more practical for payroll and vendor payments.

USDC Rewards and Global Payments Now Live on Ramp Platform

One notable addition is the rewards feature on stablecoin balances. Ramp is offering 3.98% on USDC held within its platform. That gives businesses an incentive to keep working capital in stablecoins rather than letting it sit idle.

Global payments are another major draw. 

Sending USDC internationally skips the delays and fees that typically come with bank wires. Ramp positions this as a practical upgrade for companies with international teams or overseas suppliers.

There is one exception worth noting. Users based in New York will have to wait a little longer before accessing these features. Ramp has not specified a timeline for the New York rollout but confirmed it is coming.

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