Confirmo unveils stablecoin subscription billing for enterprises

Confirmo unveils stablecoin subscription billing for enterprises

Confirmo, the stablecoin payment infrastructure provider, has unveiled Subscribe, a new product that allows enterprise merchants to automate recurring and subscription billing in stablecoins alongside their current payment systems.

The launch comes as the worldwide subscription economy is forecast to hit $1.2tn by 2030, according to research from Juniper. Subscribe is aimed at SaaS businesses, trading platforms and subscription-based companies, offering them a simple route to taking stablecoin payments from their customers without having to construct bespoke infrastructure.

It is claimed to be the first stablecoin subscription product to work with both exchange accounts and self-custody wallets, with more than 700 wallets accessible through WalletConnect, widening the pool of consumers merchants can reach.

The product arrives at launch with backing for major stablecoins, among them USDC, issued via regulated entities of Circle Internet Group, and USDG from Paxos. Subscribe runs on Solana and Polygon, two of the fastest-expanding blockchains globally.

Once a customer authorises a subscription, funds are drawn automatically from their wallet on each billing date, removing manual steps and cutting the likelihood of failed payments, with every transaction logged and traceable. Plans are priced in US dollars to eliminate volatility, while reduced cross-border fees give global businesses more dependable recurring revenue and customers fewer surprise charges.

Confirmo Group CEO Anna Kratky Strebl said, “At Confirmo, innovation has always been driven by the needs of the businesses that we serve. ‘Subscribe’ is the result of that. Built in collaboration with our long-term customers, it gives merchants a more transparent, cost-effective way to manage subscription and recurring revenue models, while making it easier for consumers worldwide to pay with the wallets and accounts they already use. As stablecoins move into mainstream financial infrastructure, we continue to evolve our offer to better serve our  customers and unlock new use cases for digital payments.”

FTMO head of finance operations Milan Flosman said, “Subscribe will give us something that didn’t exist before – a way to run automated, recurring stablecoin billing without building it ourselves. As a long-time partner, Confirmo understood our setup from the outset and built a solution that will integrate into how we operate. We’re not just looking to accept a new payment method; we’re preparing to launch a new payment model entirely.”

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