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Exciting news – MassPay now supports more than 35 fiat currencies! The latest expansion of our platform marks a step change for businesses looking to fund payout accounts in local currency and disburse worldwide from that same balance. 

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What’s changed? 

MassPay already supported primary global currencies including USD, EUR, CAD, GBP, and AUD. We’ve now extended that support to include a broad range of fiat currencies spanning markets in Asia, Latin America, Europe, the Middle East, and beyond. 

The change means that businesses operating in these regions can now fund their payout programs locally, efficiently, and at a lower rate. That’s in addition to our existing support for stablecoin and crypto, so businesses now have an outstanding degree of flexibility in how they pay out. 

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Why now? 

Work with our clients around the globe has revealed a strong and growing appetite for serving local customers, creators, and contractors in a way that’s not reliant on dollars or euros. By expanding the range of fiat currencies we support, we’re closing the gap for businesses operating in markets beyond those primary currencies. It means clients in a wider range of markets now benefit from the same funding flexibility that USD- and EUR-based clients have always had.

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Real-world benefits 

The impact of this is significant. With MassPay’s infrastructure supporting direct cross-currency disbursements, a client funding in Singapore dollars can now use a single conversion to pay a recipient in Brazilian reais. Or a client holding euros can pay out in Japanese yen the same way. The possibilities now span 35+ fiat currencies, with no conversion taking place at all for like-for-like transactions and no double-conversion step routing through USD as an intermediary. Instead, clients enjoy a direct path from source currency to destination currency. 

There are multiple advantages to this more efficient payout approach. We’ve reduced the number of friction points, meaning there are fewer opportunities for a payout to fail. We’ve also broadened currency optionality, providing clients with greater flexibility. And we’ve laid the foundations for tighter alignment between how businesses hold money and how they pay the people and partners who are crucial to keeping their operations running. It’s a triple win for clients around the globe. 

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Level up your payouts

‍Our expanded support for fiat currencies ensures businesses in more regions can now run their full payout program, from funding through disbursement, in local currency without the friction and cost of unnecessary steps. These businesses are already operating in markets worldwide, so now they can match their payout infrastructure to their operations. 

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MassPay’s infrastructure already covers stablecoin and crypto funding, along with a worldwide multi-rail disbursement network and robust, embedded compliance. If high-volume, cross-border, multi-currency payouts are critical to your operations, it’s time to talk to our team.