Whereas many hyper concentrate on the bitcoin value and its occasional intense volatility, there’s a complete cohort of Bitcoiners which can be quietly constructing Bitcoin round economies with deep social influence all over the world, in areas the place Bitcoin is a save heaven asset in the present day, in comparison with the native economies and circumstances.
One such firm is Paystand, a B2B funds big that has gone below the radar as a significant consumer of Bitcoin for home and worldwide company funds. Paystand permits firms to deal with receivables, payables, bills, cross-border funds, problem company spend playing cards, and streamlines payroll dynamics with Bitcoin-sensitive accounting software program. Paystand serves mid to giant company purchasers like Motorola.
Through the use of Bitcoin as a monetary settlement layer by way of its assurety protocol, Paystand offers quick, auditable, traceable transfers, serving as a substitute for legacy programs like checks, wires, and ACH. Based on its CEO, Jeremy Almond, who talked to Bitcoin Journal on the matter, the corporate has processed over $20 billion in cost quantity per yr and connects a couple of million companies on its community.
Almond, who co-founded Paystand, is a Bitcoin early adopter whose household was deeply affected by the 2008 monetary disaster. In an interview with Frank Corva of Bitcoin Journal, Almond shared a few of his experiences with the Occupy Wall Road protest in opposition to the banks on the time and the way all of this influenced his grasp’s thesis on “Why banks are too large to fail,” which in flip led him to Bitcoin. Almond has a deep background in tech entrepreneurship, whereas additionally being a surfer, which places him within the firm of different Bitcoin leaders who catch waves, like Jack Dorsey or Bitcoin Seashore’s Mike Peterson.
Bitcoin’s deep integration with Paystand is delicate. The corporate focuses on fixing operational and cost associated issues for giant firms, utilizing Bitcoin’s world class quantity and funds infrastructure within the background, it isn’t generally called Bitcoin firm, although it nonetheless is advancing Bitcoin adoption in very fascinating methods.
On the Bitcoin company entrance, Paystand takes a really completely different strategy than firms like Michael Saylor’s Technique, which stroll by the entrance door to pitch a Bitcoin treasury allocation to govt boards, seeking to affect firms from the highest down. Paystand takes a really completely different technique. Via its Teampay company spending playing cards, firms can earn Bitcoin rewards—denominated in satoshis—on on a regular basis expenditures, corresponding to a 1% money again in sats.
As Almond defined, “Our merchandise are designed to form of Malicious program and orange capsule giant firms that is perhaps skeptical to go all in on Bitcoin first… impulsively that firm finally ends up with Bitcoin within the stability sheet, not by some large formal course of, however by merely doing what they’re already doing and incomes sats by their common habits.”
Sats rewards are way more worthwhile than random bank card factors; they final ceaselessly and are deeply liquid, trending upwards in worth over time, as Bitcoin does. Firms simply have to determine tips on how to entry them and combine them into their stability sheet, which suggests the decision to combine Bitcoin comes from inside the home for Paystand purchasers.
When the decision comes, Paystand is able to construct on this earned curiosity by aiding purchasers with integration. The corporate helps join Bitcoin holdings to enterprise useful resource planning programs like Oracle, Microsoft, and Sage, dealing with reconciliation and accounting below requirements corresponding to FASB guidelines. Almond famous, “What we’re actually good at helps these organizations join it again to their large monetary system… And that’s actually one of many issues we’re an knowledgeable at.”
In November 2025, Paystand acquired Bitwage, a Bitcoin payroll and international payouts firm based in 2014 by Jonathan Chester and John Lindsay. Bitwage focuses on enabling companies to pay worldwide staff, contractors, and distributors in Bitcoin, stablecoins, or native fiat currencies, fixing key accounting complexities, lowering cross-border charges and FX prices whereas providing versatile payout choices throughout practically “200 international locations”, in accordance with Bitwage. The acquisition integrates Bitwage’s experience into Paystand’s enterprise community, increasing capabilities for international B2B transactions, together with payroll and provider funds, with full Bitcoin help.
In a notable revelation through the interview, Almond disclosed that Paystand operates its personal business-focused layer-2 resolution tailor-made for enterprise wants, with upcoming bulletins on extra L2 partnerships. With the intention to assure outcomes and reliability, Paystand has additionally entered the Bitcoin mining business.
Almond informed Bitcoin Journal that “As we speak we’re one of many high 25 largest miners on this planet.” The growth into mining got here by their enterprise relationships with numerous vitality firms, to which they supply cost companies. “More and more, the vitality business and the Bitcoin mining business are converging. And so we’ve been in a position to have distributed mining infrastructure with plenty of vitality companions and information facilities to have the ability to convey extra stability to the vitality grid, companion with our vitality companions, after which create extra sustainable choices that additionally assist stability and decentralize the Bitcoin validation infrastructure,” he defined.
The transfer reveals an fascinating alignment of incentives. Paystand determined to develop into vertically built-in as a Bitcoin funds firm, making use of to provide its personal hash fee, blocks, and layer two scaling resolution, tailored for giant B2B. The strategic want to ensure transactions get confirmed by miners turned them into miners, additional decentralizing the hashing energy and thus the Bitcoin community. Almond added that Paystand’s growth into mining was deeply rooted of their OG Bitcoin tradition, “if we don’t have the nodes and the miners aren’t sufficiently decentralized, then once more… Our view is that we aren’t residing as much as the beliefs of the white paper.”
Closing the Loop to Bitcoin Round Economies
Past its business operations, Paystand allocates a portion of income to Paystand.org, a nonprofit shaped in 2024, targeted on supporting Bitcoin round economies (BCEs) within the International South.
These BCEs are community-driven initiatives utilizing Bitcoin for native transactions, remittances, and monetary inclusion, and to drive constructive social influence. BCEs embody initiatives like Bitcoin Seashore in El Salvador, Motiv in Peru, and My First Bitcoin for schooling.
Based on Almond, Paystand.org has donated over “a billion sats” to BCEs, equal to roughly a million US {dollars}. Donations are made as grants starting from one thousand to eighty thousand {dollars}, relying on the proof of labor demonstrated by this system. “We work with 30 applications everywhere in the globe, one thing within the order of 20 international locations,” Almond, emphasizing the dimensions of their non-profit work.
Paystand dot org, alongside a wide range of BCE leaders, echoes the distinction Bitcoin is making in social influence initiatives, as this fashion of humanitarian work emphasizes growth of company and empowerment on the a part of recipients, somewhat than fixed handouts, fiat fashion, which in the end creates dependency somewhat than resilience.
Paystand demonstrated a powerful presence on the latest Bitcoin Round Financial system Summit in El Salvador’s Bitcoin Seashore this January 2026, the place representatives shared insights on sustainable BCE fashions.