Modern Treasury Acquires Beam to Unite Fiat and Stablecoin Payment Infrastructure

Payments infrastructure firm Modern Treasury has acquired Beam, a stablecoin and fiat payment platform, merging traditional instant payment systems with blockchain-based settlement. The deal, reportedly valued at $40 million in an all-stock transaction, integrates Beam's stablecoin technology with Modern Treasury's high-volume payment processing platform.

The combined offering will support real-time transactions across multiple rails—including stablecoins, FedNow, ACH, and wire transfers—through a single API. "Instant payments and stablecoins are the future of money movement," said Modern Treasury CEO Matt Marcus, positioning the merger as a challenge to legacy banking delays.

Notably, the platform aims to compress months of traditional bank onboarding into API-driven compliance workflows, handling KYC/AML across both fiat and blockchain channels. BEAM founder Dan Mottice will join Modern Treasury to lead the integrated initiative.