Stablecoin and On-chain Liquidity
Stablecoins and on-chain liquidity
A modern liquidity stack for treasury, across bank rails, blockchain networks, and digital-asset ecosystems.
Always-on settlement
Learn moreStablecoins are not a replacement for banks. They are a new settlement instrument that treasury can use alongside existing bank rails, especially when your business runs outside banking hours, across challenging payment corridors, or under tight funding deadlines.
Expanded liquidity options
Learn moreKyriba helps treasury teams integrate stablecoin-based settlement and on-chain liquidity management into enterprise processes, with the controls, visibility, and auditability finance leaders expect.
Visibility, controls, and auditability.
Learn moreOn-chain execution introduces new operating discipline, including wallet policies, approval paths, provider oversight, and clean reconciliation. Kyriba brings those activities into treasury-grade processes so you can adopt new rails without creating a new risk surface.
“When you actually put a money market fund on-chain, what that does is allow the ability to calculate and pay out income to the second… if you transfer that midway through the day, you keep the midway through the day accrual, and then the recipient picks up the accrual from there. And that’s on a 24/7 basis, so literally to the second, the technology can actually calculate intraday yield.”
— Matt Jones, Head of Institutional Liquidity, Franklin Templeton
Enterprise readiness to adopt.
Multi-rail execution
Use the rail that fits the job. For example, keep day-to-day flows on existing bank rails, then use stablecoin-based settlement for urgent cross-border funding when speed and confirmation matter.
Governance for on-chain workflows
Define who can initiate, approve, and execute, then enforce it. Do not rely on ad hoc controls.
Real-time status
Use clearer confirmation signals from blockchain-based transactions to improve operational confidence and shorten the time from payment instruction to reconciliation.
Ecosystem connectivity, without one-off tooling
Connect to the ecosystem you operate in, including banking partners, payment service providers, blockchain networks, and stablecoin service providers, while keeping workflows consistent.
How it works
- Get a demo
Enterprises are moving toward a hybrid model where traditional rails and blockchain rails coexist. A typical operating model looks like this:
- Treasury workflows and policy (approvals, controls, audit)
- Connectivity and execution layer (providers, partners, rails)
- Settlement networks (bank networks, real-time networks, blockchain networks)
- Liquidity and reporting (positioning, reconciliation, performance)
Kyriba’s role is to help teams operate across these layers with consistency and control, so adopting new rails does not mean adopting new risk.
Our partners
Circle
Centralized treasury reporting in Kyriba with stablecoin balances in supported Circle wallets.
FAQs about stablecoin and on-chain liquidity
What are stablecoins and on-chain liquidity, and why do they matter to treasury?
Stablecoins are digital settlement instruments designed to maintain a stable value, typically relative to a fiat currency. On-chain liquidity refers to funds and market liquidity available on blockchain-based networks and venues. Together, they give treasury teams additional ways to transfer, settle, or deploy capital when faster certainty, extended operating hours, or more flexible cross-border liquidity movement can improve outcomes.
What are common enterprise use cases?
Here are the patterns treasury teams usually start with:
• Weekend or after-hours funding for a subsidiary that cannot wait for the next banking day
• Intercompany movements where confirmation speed reduces operational churn
• Time-sensitive payouts that are blocked by cutoffs or slow cross-border settlement
Is this meant to replace banks?
No. For most enterprises, the practical approach is additive: keep bank relationships and use stablecoin-based settlement selectively where it improves speed, certainty, or operational outcomes.
What are the key considerations?
Using stablecoins in treasury operations introduces real operational requirements, including wallet governance, provider vetting, signing policies, exception handling, and reconciliation. Any production rollout should include documented controls and approved compliance language.
How should we think about ROI?
Focus on a small set of measurable use cases, then scale. ROI is usually clearest where the current process is slow or labor-intensive, for example cutting funding windows, reducing manual status chasing, or simplifying reconciliation for specific corridors.
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