Policy
Permitted assets, balances, purposes, and counterparties
03
Control
Decide who holds value, who can move it, and how recovery works.
Treasury design begins with authority, segregation, liquidity, and failure recovery rather than yield or asset selection.
First questionDoes the company need to hold digital assets at all?
Decision signals
When this path deserves investigation.
- 01
Stablecoin balances support an actual payment or operating need.
- 02
The company can assign accountable control owners.
- 03
Approvals, limits, recovery, and counterparty exposure are documented.
- 04
Accounting and liquidity policies are ready before funding.
Operating stack
Four layers that must agree.
A provider can cover several layers, but the business still needs an owner and evidence for each one.
Custody
Key control, wallet architecture, and recovery
Operations
Roles, limits, allowlists, approvals, and monitoring
Liquidity
On-ramp, off-ramp, conversion, and banking continuity
Risk register starter
What could make the flow fail?
Use these as investigation prompts. They are not a complete legal, security, accounting, or compliance assessment.
- R01Concentrated provider, issuer, bank, or blockchain exposure
- R02Unclear ownership of keys, credentials, or recovery materials
- R03Weak segregation of duties
- R04Holding balances without a defined business need
Provider starting set
Different operating models, not a ranked list.
Fireblocks
Enterprise infrastructure for wallets, treasury operations, stablecoin payments, security policy, and custody connections.
Coinbase Business
A business account combining stablecoin payments, trading, custody, and bank transfers.
BVNK
Enterprise infrastructure for sending, receiving, converting, and storing fiat and stablecoins.
Bridge
APIs for businesses that need to receive, store, convert, issue, and spend stablecoins.
Bitwave
Enterprise back-office software combining digital-asset accounting, payments, reporting, and compliance workflows.
Build the brief
Research before the demo.
01Control
Custody is an operating model, not a checkbox
A practical way to decide who controls keys, approves transfers, secures recovery, and bears operational responsibility.
8 min read02RecordsThe accounting controls to design before receiving digital assets
Connect the transaction, valuation, approval, wallet, provider, and ledger records from the beginning.
10 min read03ProcurementThe 24 questions every stablecoin provider evaluation should answer
A source-ready scorecard covering eligibility, money flow, security, compliance, accounting, and commercial terms.
11 min read