Modern Treasury acquires Beam to expand real-time payments across fiat and stablecoin rails
SAN FRANCISCO: Modern Treasury, a U.S.-based payments infrastructure provider, said on Wednesday it has acquired Beam, a stablecoin and fiat payment platform, in a move aimed at expanding its capabilities across traditional and blockchain-based settlement systems. The deal brings Beam’s technology and team under Modern Treasury’s umbrella, enabling the company to offer real-time payments via…