As the race to modernize B2B payments heats up, stablecoins have emerged as a powerful contender—offering faster settlements, lower costs, and deep programmability. But for institutions, one challenge remains front and center: privacy.
That’s where Bitwave and the Canton Network are changing the game.
In the latest episode of The Canton Buildcast, Bitwave’s Chief Revenue Officer Jim Thompson joined host Ben Singh-Jarrold to explore what’s driving real adoption of stablecoin B2B payments, why privacy is now a must-have, and how Bitwave is building the financial foundation for onchain enterprise finance.
Stablecoin Payments Are Ready for Business. But Enterprises Need Privacy
The value proposition of onchain payments is clear:
- Instant settlement: No delays, no middlemen, no waiting for bank hours.
- Low fees: Sub-penny costs with no middle-men or rent-seeeking fees.
- Automation built-in: Smart contracts automate AP/AR, streamline reconciliation, and sync with ERP systems.
But privacy is now a core consideration of enterprise interest in blockchain-based payments. A public ledger could expose companies to competitive risk from sharing sensitive pricing data or partnership information.
Onchain privacy is not an option for businesses.
This is one of the key reasons Bitwave is all-in on the Canton Network's public blockchain purpose-built for regulated finance. Canton delivers configurable, on-chain privacy.
Bitwave on Canton: Enabling the Next Generation of B2B Finance
Bitwave is a proud Founding Member of the Global Synchronizer Foundation, the backbone of the Canton Network. From the very start, Bitwave has supported the Canton ecosystem by:
- Running its own validator node, ensuring readiness for institutional activity
- Enabling audit-ready financial reporting with support for SOC 1 & SOC 2 compliance
- Building full ERP integrations, including NetSuite, QuickBooks, Sage, and more
- Partnering with firms like Deloitte and RSM to handle tax, accounting, and advisory needs tied to onchain assets for businesses
Bitwave is also helping Super Validators and Validators properly account for transaction volumes, staking rewards, and token movements using our enterprise-grade subledger software.
Introducing the Bitwave Payment Network
Beyond infrastructure, Bitwave is launching something new: The Bitwave Payment Network.
The Bitwave Payment Network is a community of payers, vendors, and technology partners coming together to power real-world onchain B2B payments.
“You can’t have stablecoin payments without vendors that know how to accept them,” Jim noted. “We’re bringing both sides together, along with the right tools and partners to make this easy, intuitive, and compliant.”
The Payment Network builds on Bitwave’s core software, extending onchain payment support with:
- Invoice and chart-of-accounts sync
- Role-based approval workflows (RBAC)
- Built-in KYC and compliance checks
- Full ERP sync integration
Whether it’s a cross-border contractor payment or a domestic invoice, Bitwave makes it seamless for finance teams.
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From Finance Stack to Payments Layer
Bitwave’s mission has always been to help enterprises unlock digital assets through trusted, audit-ready financial systems.
Now, that mission extends from accounting and tax to payments and tokenization. All on a privacy-first, interoperable network built for institutions.
As Jim summed it up:
“We’re solving problems for the CFO stack, and now we’re doing it for payments too. With Canton, we’re building the application layer that lets enterprises move real value onchain – with all the compliance, security, and privacy they expect.”
Want to Learn More?
Bitwave is actively onboarding customers to its onchain payment solution. And helping institutions make stablecoin payments as easy and reliable as traditional finance.
👉 Learn about our Stablecoin Payment Solution
👉 Learn about Bitwave for Canton Network
👉 Request a Demo
FAQs About Stablecoin B2B Payments
What are stablecoin B2B payments?
Stablecoin B2B payments are business-to-business transactions settled using blockchain-based stablecoins—digital currencies pegged to fiat currencies like USD. They offer faster settlement, lower fees, and real-time reconciliation compared to traditional bank wires or card-based payments.
Why is privacy important for enterprise stablecoin payments?
Enterprises often need to protect sensitive financial data, such as contract values or vendor rates. Public blockchains can expose this information unless privacy is preserved. Bitwave, in partnership with the Canton Network, enables privacy-preserving stablecoin transactions, ensuring that onchain payments meet enterprise confidentiality standards.
How does Bitwave support stablecoin B2B payments?
Bitwave provides an end-to-end onchain payment solution that integrates directly with ERP systems like NetSuite, QuickBooks, and Sage. The platform enables invoice management, role-based approval workflows, KYC checks, and real-time accounting for stablecoin payments—all while maintaining audit readiness.
What makes the Canton Network ideal for enterprise payments?
The Canton Network combines public blockchain accessibility with enterprise-grade privacy and compliance. It allows regulated institutions to transact onchain securely and privately, making it a natural fit for use cases like B2B payments, tokenization, and cross-network asset movement.
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.
