OpenPayd secures MiCA licence as demand for regulated stablecoin infrastructure accelerates across Europe
OpenPayd, a leading provider of financial infrastructure, has secured authorisation under the EU’s Markets in Crypto-Assets (MiCA) framework, strengthening its ability to deliver regulated stablecoin infrastructure across Europe.
The milestone comes one year after OpenPayd launched its stablecoin infrastructure, enabling businesses to move and manage fiat and digital assets through a single platform. Since launch, adoption has expanded across treasury, settlement and cross-border payment use cases as businesses increasingly seek regulated pathways into the digital asset economy. Today, OpenPayd processes more than $240 billion in annualised volume for over 1,100 businesses globally, including Kraken, eToro, OKX and B2C2.
The MiCA authorisation enables OpenPayd to operate as a regulated crypto-asset service provider (CASP) under a unified European regulatory framework, allowing the company to provide regulated crypto-asset services to clients across the EEA through a single licence.
Through the authorisation, OpenPayd can offer regulated digital asset services including fiat-to-stablecoin on and off-ramping, custody, wallet infrastructure and global stablecoin transfers across major blockchain networks. Through a single API, businesses can seamlessly move and manage money across both traditional financial rails and digital assets.
Iana Dimitrova, CEO of OpenPayd, said, “Stablecoins are rapidly becoming part of mainstream financial infrastructure. MiCA is a major step forward for Europe because it gives businesses the assurance to leverage digital asset technology to improve their payments and treasury and to grow.
At OpenPayd, we are building the universal financial infrastructure for the digital economy. This authorisation strengthens our ability to help businesses move and manage money globally through a single platform that seamlessly connects traditional finance and digital assets.”
The MiCA approval forms part of OpenPayd’s broader investment in regulatory infrastructure and global connectivity across both fiat and digital asset services. Together with its existing regulatory permissions and banking network, OpenPayd is building one of the industry’s most comprehensive regulated infrastructures for global money movement.