Crypto payments

  • Post
    Patrick Kunz
    Keymaster
    NL
    Hey Treasurer’s,

     

    do you accept crypto as a payment method ?

    if yes, how did you implement it ?

    and do you hedge it ? But how to deal with refunds (if you sold the crypto but later need to refund the customer their crypto money but you don’t have it anymore)

    Treasury for champions
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  • Replies
    Jessica
    Moderator
    none
    It’s not an option we currently explore at the moment but we are definitely working on integrating this innovation in the near future.

    Especially with Siemens issuing a pioneering digital bond on a public blockchain, which slashed their time-to-market from eight days to just two!

    This shows the possibilities for streamlining our own Treasury operations and speeding up critical processes.

    With this bond issuance I believe they would have set up a crypto payment structure to match repayment for the bond as well.

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