Multilateral Clearing for Stablecoin PSPs
Net before you settle. Cut capital costs by ~70%.
The inevitable next step
The inevitable next step
The inevitable next step
Today, PSPs face an impossible trade-off: prefund positions for instant settlement and lock working capital, or stay lean but accept delays. Either path requires converting FX on gross amounts when your net position is a fraction of that.
PSPs collectively move billions in gross stablecoin settlements daily to settle significantly smaller net obligations. Blockchains delivered speed. Stablecoins delivered currency. Clearing delivers efficiency.
This enables instant payments that work for everyone, everywhere.
Today, PSPs face an impossible trade-off: prefund positions for instant settlement and lock working capital, or stay lean but accept delays. Either path requires converting FX on gross amounts when your net position is a fraction of that.
PSPs collectively move billions in gross stablecoin settlements daily to settle significantly smaller net obligations. Blockchains delivered speed. Stablecoins delivered currency. Clearing delivers efficiency.
This enables instant payments that work for everyone, everywhere.
Today, PSPs face an impossible trade-off: prefund positions for instant settlement and lock working capital, or stay lean but accept delays. Either path requires converting FX on gross amounts when your net position is a fraction of that.
PSPs collectively move billions in gross stablecoin settlements daily to settle significantly smaller net obligations. Blockchains delivered speed. Stablecoins delivered currency. Clearing delivers efficiency.
This enables instant payments that work for everyone, everywhere.
The problem
The problem
Working Capital Lockup
Fund 100% of gross volume with each counterparty. Prefund for instant settlement or accept delays.
Fund 100% of gross volume with each counterparty. Prefund for instant settlement or accept delays.
FX Conversion Costs
Without any netting, full gross amounts are converted per counterparty, instead of paying on net positions only.
Without any netting, full gross amounts are converted per counterparty, instead of paying on net positions only.
Operational Complexity
Manage settlements individually with each partner with manual reconciliation, multiple processes, and sequential risk.
Manage settlements individually with each partner with manual reconciliation, multiple processes, and sequential risk.
The solution
The solution
Net before you settle
Paygrid applies multilateral netting to stablecoin payments - the same principle banks use in CLS and CHIPS.
Paygrid applies multilateral netting to stablecoin payments - the same principle banks use in CLS and CHIPS.
Without Paygrid:
A→B $1M, B→C $950k, C→A $900k = $2.85M moving.
With Paygrid:
Net positions calculated = $100k moving (96% reduction).
Without Paygrid:
A→B $1M, B→C $950k, C→A $900k = $2.85M moving.
With Paygrid:
Net positions calculated = $100k moving (96% reduction).
One Process, All Partners
Submit obligations, receive net position, settle once. All counterparties handled in a single atomic transaction with payment-vs-payment.
Submit obligations, receive net position, settle once. All counterparties handled in a single atomic transaction with payment-vs-payment.
Built for PSPs, by PSPs
Not a central counterparty, no custody, no forced relationships. Just infrastructure that nets and reduces your costs.
Not a central counterparty, no custody, no forced relationships. Just infrastructure that nets and reduces your costs.
Who benefits?
Who benefits?
Primary: Stablecoin PSPs
Reduce working capital requirements, cut FX costs, streamline operations.
Reduce working capital requirements, cut FX costs, streamline operations.
Partner ecosystem
Paygrid is a clearing network of networks — unlocking ecosystem wide efficiency, while empowering the underlying networks.
Payment Networks: Offer clearing benefits to your PSP members.
Blockchain Networks: Paygrid deploys multi-chain contracts for ecosystem wide netting.
Custodians: Add clearing infrastructure and deeper treasury products to your service stack.
DeFi Protocols and Liquidity Providers: Access predictable net settlement flows.
Paygrid is a clearing network of networks — unlocking ecosystem wide efficiency, while empowering the underlying networks.
Payment Networks: Offer clearing benefits to your PSP members.
Blockchain Networks: Paygrid deploys multi-chain contracts for ecosystem wide netting.
Custodians: Add clearing infrastructure and deeper treasury products to your service stack.
DeFi Protocols and Liquidity Providers: Access predictable net settlement flows.
Latest updates
Stay updated
Stay updated
Born global.
Engineered for payments.
Born global.
Engineered for payments.
Born global.
Engineered for payments.
Born global.
Engineered for payments.