How Tokenised Payables and Stablecoin Settlement Can Transform Supply Chain Finance

In most supply chains, the buyer holds a central position. They manage significant accounts payable, coordinate multiple supplier tiers, and ultimately set the rhythm of payments. This structure gives buyers efficiency, but it often leaves suppliers waiting a long time before receiving funds for goods already delivered. These delays create cash flow pressure and limit access to financing.

Turning Payment Obligations into Digital, Financeable Assets

Digitising this process through tokenised payables and stablecoin settlement provides a way to shorten cash cycles, increase transparency, and bring real-time programmability to global trade flows.

When a supplier opts in to tokenise an invoice, a Tokenised Payable is created on-chain.
This digital asset is programmed with business logic that reflects the buyer’s obligation to pay, the underlying invoice details, and the maturity date.

Once generated, the Tokenised Payable moves to the supplier’s blockchain wallet. The supplier now has flexibility:

• Hold to maturity and redeem it when the buyer funds the obligation
• Access early financing by selling it to a lender at a discount
  ‍

This mirrors traditional receivables financing or factoring, but without paper handling or reconciliation issues. Every action, from issuance to settlement, is also recorded on-chain for full transparency and auditability.

Enabling Real-Time Settlement With Stablecoins

Stablecoins provide a programmable and efficient settlement layer for tokenised trade.
When a lender purchases a Tokenised Payable, they convert funds into a stablecoin such as XUSD and complete the transaction instantly. The smart contract governing the Tokenised Payable transfers settlement to the supplier’s wallet and updates ownership to the lender.

At maturity, the buyer funds the smart contract in stablecoin, which releases repayment to the lender immediately. Once the payment obligation is fulfilled, the Tokenised Payable is burned on-chain.
Participants who require fiat can off-ramp stablecoins into currencies such as USD.

A More Efficient Model for Suppliers, Buyers, and Lenders

Tokenised payables and stablecoin settlement introduce several benefits across the ecosystem:

• Faster liquidity for suppliers, with digital receivables that can be financed at any time
• Transparent and verifiable assets for lenders, supported by on-chain data and trade authenticity
• Stronger control for buyers, with automated payment conditions and predictable settlement
• Cross-border efficiency, since stablecoins move freely without correspondent bank dependencies
• Programmatic compliance, with wallet whitelisting, audit trails, and settlement logic encoded in smart contracts

This creates a financing model similar to enhanced e-receivables combined with factoring, with greater transparency and global reach.

Building Toward the Future of Trade Finance

As supply chains evolve, the combination of tokenised payables, smart contract logic, and regulated stablecoin rails forms the foundation for next-generation trade finance.

• Payments can be automated
• Receivables can move digitally with complete traceability
• Financing can reach suppliers quickly, in any market

Tokenised payables and stablecoin settlement offer a path toward a more resilient, efficient, and interoperable supply chain financing ecosystem, powered by infrastructure designed for real-world value movement.