Payoneer Global posted full-year earnings for 2025 on Thursday after announcing plans to roll out its own stablecoin as part of a broader application for a National Trust Charter from the OCC.
Created in 2005, Payoneer Global Inc is a fintech company with expertise in cross-border payment solutions.
Over the past few years, the company engaged in a series of acquisitions to add structure to the company’s workforce and buff up its divisions, including the purchase of AI data startup Skuad, payment processing firm Optile, and HR and payroll platform Skuad. More recent acquisitions include EOR and payment platform Boundless, and Chinese payment services provider Easylink Payment Co.
Crossing $1 billion in revenue, Payoneer declared total earnings of $1.05 billion for 2025, of which $231 million was interest income. To earn the above, Payoneer ran an operational volume of $87.5 billion, up from $80.1 billion in 2024. Adjusted EBITDA was $311.7 million.
“Payoneer is positioned to be a category-defining company in cross-border commerce. We have product market fit, deep global distribution, and robust payment and regulatory infrastructure that are highly differentiated and difficult to replicate,” said Payoneer John Caplan.
“In 2026, we are moving our strategy upmarket to serve the more complex needs of SMBs and SMEs engaged in global trade and to drive high-margin growth,”
The planned stablecoin is officially called the PayoUSD. Payoneer will be joining a growing number of fintechs and banks that want to enter the digital assets sector by creating a stablecoin, an emerging market that has its fair share of both industry players and companies with expertise in traditional finance.
The PayoUSD is expected to be a critical part of the company’s proposed digital bank called PAYO Digital Bank under the charter application—a subsidiary that, if created, will be handling Payoneer’s stablecoin settlement and infrastructure services.
With a National Charter Bank approval, customers will be able to send and receive stablecoins and access on-ramp and off-ramp conversions between fiat and stablecoins, while PAYO Digital Bank will be able to manage PayoUSD reserves, cater to businesses that require stablecoin infrastructure, and issuance of PayoUSD.
Rob Morgan—who will be the CEO of PAYO Digital Bank, if it becomes operational—said in an official announcement by Payoneer Global Inc