Sokin Adds Stablecoin Infrastructure and Acquires Genpaid to Build Hybrid Finance Platform

New updates have been reported about Sokin.

Sokin has launched integrated stablecoin capabilities that place digital-asset payments alongside traditional currency accounts on its business finance platform, while acquiring multichain crypto payments firm Genpaid to own the full technology stack. The move positions Sokin to route cross-border payments over either banking or stablecoin rails, allowing clients to send in local fiat, settle via stablecoins such as USDC or USDT, and receive in a different local currency based on speed and cost.

The stablecoin rollout starts immediately for select clients, who can now open stablecoin accounts, convert between fiat and major stablecoins, and send and receive stablecoin payments globally with 24/7 settlement and no intermediary banks. Through 2026, Sokin plans to add stablecoin swaps, merchant acceptance via Sokin Checkout, yield on stablecoin balances, and expanded APIs so fintechs and platforms can embed stablecoin-powered treasury and payments without building their own banking and compliance infrastructure.

By combining Genpaid’s multichain, non-custodial infrastructure–including AI-compatible and agentic payment capabilities on leading protocols–with its regulated payments footprint in more than 170 countries, Sokin aims to offer an end-to-end hybrid treasury solution for global businesses. Genpaid founder Ross Kolodyazhnyi joins Sokin as Senior Vice President of AI and Crypto Payments and will lead the stablecoin strategy, underscoring the firm’s intent to integrate AI-driven automation into payment routing and treasury operations.

For Sokin, stablecoins become an invisible bridge rail that can be used to optimize settlement paths while keeping user experience entirely fiat-based, with clients managing both traditional currency and stablecoin balances through a single dashboard, aligned approval workflows, and unified compliance and reporting. The platform supports key stablecoins, including USDC, USDT, USDS, PYUSD, and EURC across Ethereum and Tron, giving Sokin access to the dominant networks used for global stablecoin volume.

Strategically, the launch broadens Sokin’s revenue and service base beyond its existing multi-currency IBAN and cross-border accounts payable and receivable offering, and strengthens its position in the growing market for corporate digital-asset infrastructure. As demand rises among global corporates and fintechs for faster, lower-cost settlement and programmable money, Sokin is betting that a fully owned, regulated, and technology-complete stack will differentiate it from rivals reliant on third-party crypto infrastructure and enable deeper integration with client treasury, e‑commerce, and embedded finance flows.