Modern Treasury, the most trusted infrastructure for global money movement, announced the acquisition of Beam, a stablecoin and fiat payment platform for customers like Sling Money. With the addition of Beam’s technology and team, Modern Treasury’s money movement platform now spans both traditional and stablecoin settlement rails.
“Instant payments and stablecoins are the future of money movement,” said Matt Marcus, co-founder and CEO of Modern Treasury. “Beam has proven traction delivering real-time payments for stablecoin-native payment flows. Modern Treasury has processed hundreds of billions of dollars on our platform. Together, we’re creating the best infrastructure to move money instantly — without the delays and limitations of banks or card-first payment providers.”