Orbit, a Tether-backed cryptocurrency payments app, now supports global bank transfers, The Block reported on Feb. 24 local time. The feature uses infrastructure from Distributed Technologies Research to connect crypto with the traditional financial system. Orbit said users can check exchange rates in real time and complete payments instantly without fees or additional conversions. Transfers use SEPA, ACH and SPEI networks and support fiat currencies including USD, EUR, MXN and PHP, as well as BTC, ETH and USDT. Bakkt plans to acquire DTR, and Orbit plans to work with Bakkt to expand into all 50 U.S. states.

Modern Treasury has introduced a payment service provider that handles stablecoin payments on the same infrastructure as ACH and wire transfers, Cointelegraph reported on Feb. 18. The update allows companies to operate cryptocurrency and fiat payments without separate vendors or technical integration. Stablecoins are processed under the same regulatory framework as traditional payment systems. Modern Treasury previously acquired Beam and added partnerships including Paxos, and joined networks supporting Global Dollar and USDC.