PhotonPay and DFNS Join Forces to Advance Stablecoin Payments for Global Commerce

Sept 30, 2026 —PhotonPay and DFNS today announced a partnership to strengthen the infrastructure behind PhotonPay's growing stablecoin payment capabilities. By combining PhotonPay's global financial infrastructure with DFNS, the core banking platform for digital assets, the partnership brings together the payment and onchain layers needed to support secure, scalable stablecoin operations for businesses worldwide.

PhotonPay: the Payment Stack Global Commerce Runs On

PhotonPay provides digital financial infrastructure to businesses operating globally, serving more than 200,000 enterprises across over 200 countries and territories. Its platform brings together Multi-asset Wallet, Global Checkout, Card Issuing, Global Payout, On/Off Ramp, FX Management and Embedded Finance, enabling businesses across marketplaces, digital entertainment, exporters, agencies and AI-native businesses to manage global financial workflows through a unified platform.

What sets PhotonPay apart is how deeply stablecoins are integrated into its payment stack. Fiat and stablecoin rails work together across collections, payouts, treasury, and card spending, allowing businesses to use whichever rail best fits the transaction and corridor, without managing separate infrastructure for each.

PhotonPay × DFNS: Connecting Payment and Digital Asset Infrastructure

The partnership starts from a shared operational reality. As stablecoin transaction volumes scale within PhotonPay's infrastructure, the digital asset layer managing those flows — wallet provisioning, transaction signing, policy enforcement, and audit — needs to operate at the same standard as the fiat rails beside it. DFNS is built for exactly that.

• Scale without ceremony: PhotonPay provisions accounts and wallets for hundreds of thousands of businesses. On DFNS, wallets are created programmatically and invisibly, and the full transaction lifecycle, construction, signing, broadcast, tracking, and real-time webhooks, is managed end to end across the networks and stablecoins its flows touch. Treasury tooling manages balances and liquidity across currencies and rails, so the dual-rail promise holds under load.
• Controls that hold at speed: DFNS's Policy Engine supports configurable transaction controls, including limits, allowlists, and approval workflows, enabling PhotonPay to build policy and compliance mechanisms directly into its digital asset operations. Controls are applied structurally, before anything is signed, with every action landing in a complete and exportable audit trail.
• Reliability payments demand: A payout to a supplier in Lagos or a game developer in São Paulo does not tolerate a failed transaction. DFNS runs its own node infrastructure chain by chain, with API-level idempotency, rebroadcasting, and real-time failover, the rails payment companies like Bridge, now part of Stripe, and Iron, now part of MoonPay, have run at near-zero failure rates.
• Security as a foundation: Keys are protected by DFNS' key infrastructure and never assembled in one place, with zero breaches and zero key losses since 2020, under SOC 2 Type II and ISO 27001, 27017, and 27018 certifications audited by KPMG. DFNS operates strictly as a technology provider, control stays with PhotonPay and within the licensed structures it operates through.

For PhotonPay, the integration strengthens the foundation of its stablecoin capabilities and gives businesses a more seamless way to incorporate digital assets into existing payment and treasury workflows. For DFNS, the partnership extends its digital asset infrastructure into a global financial platform serving a broad base of enterprise customers.

The broader implication is straightforward: as stablecoin payments become a standard feature of global commerce, the infrastructure supporting them has to meet the reliability, compliance, and scalability standards that enterprise finance teams already expect from fiat rails. This partnership is built to deliver exactly that.

"Global commerce doesn't wait for infrastructure to catch up. The businesses we serve are already operating across currencies, rails, and markets simultaneously, and they need financial infrastructure that can do the same. Our partnership with DFNS means the digital asset layer beneath our stablecoin capabilities meets the same institutional standard as everything else we run. That's not a product decision. It's the foundation for what global payments looks like over the next decade."

——Gabriel J Pan, Vice President, Head of Global Partnership and Head of Global Expansion

"PhotonPay has done what most payment companies still describe in roadmaps: it made stablecoins a working rail inside enterprise payments, for hundreds of thousands of businesses. Rails at that scale have to be invisible to the finance teams who use them and fully visible to the regulators and auditors who oversee them. That is what DFNS provides: the core banking platform that keeps every wallet, transaction, and control provable while the rail itself disappears into the payment. We are proud to be the platform PhotonPay's stablecoin operations run on."

——Clarisse Hagège, CEO and Co-founder, DFNS

As stablecoin payment volumes grow and regulatory frameworks mature, the infrastructure beneath them becomes the differentiator. PhotonPay and DFNS are building that infrastructure together — not as a future capability, but as an operational reality for enterprises moving money globally today.