NEW YORK — May 14, 2026
Executive Summary
Prove Identity, Inc. and Velocity have announced a strategic partnership focused on addressing identity verification and trust challenges within the global stablecoin economy. The collaboration combines Velocity’s enterprise payments and treasury infrastructure with Prove’s digital identity network to support verified and compliant stablecoin transactions for enterprises, financial institutions, payment companies, and multinational organizations operating across global markets.
The partnership is designed to support enterprise adoption of stablecoin-based financial operations by integrating payment infrastructure with identity assurance capabilities. According to the companies, the collaboration aims to help organizations deploy stablecoin-powered treasury and payment solutions while meeting compliance, fraud prevention, and operational trust requirements associated with cross-border financial activity. Stablecoin
Announcement Overview
Prove and Velocity stated that the partnership is intended to close what the companies described as a “trust gap” between advancements in stablecoin payment infrastructure and the systems required to verify the individuals, businesses, merchants, and platforms transacting on those networks. The collaboration brings together Prove’s identity verification and authentication technologies with Velocity’s enterprise-focused stablecoin payment and treasury platform.
According to the companies:
- Velocity provides infrastructure for enterprise payments, treasury operations, liquidity management, and cross-border settlement using stablecoin rails.
- Prove contributes identity verification capabilities capable of verifying digitally active users worldwide through its identity network.
The companies indicated that the partnership targets enterprise organizations seeking:
- Faster settlement capabilities
- Cross-border treasury management
- Programmable finance infrastructure
- Identity assurance for compliance and operational risk management
- Enterprise-grade trust mechanisms for stablecoin transactions
The announcement also emphasized that the collaboration is structured around serving organizations operating in regulated financial environments where identity verification and transaction assurance remain critical operational requirements.
Key Announcement Details
- Announcement Type: Strategic partnership focused on trusted identity infrastructure for enterprise stablecoin payments
- Companies Involved: Prove Identity, Inc. and Velocity
- Primary Objective: Addressing the trust and identity verification gap within the global stablecoin economy
- Core Focus Areas: Stablecoin payments, cross-border settlement, treasury operations, identity verification, compliance infrastructure
- Technology Integration: Velocity’s enterprise payments and treasury platform combined with Prove’s digital identity verification network
- Identity Network Capability: Prove stated that its identity network is capable of verifying approximately 90% of digitally active people worldwide
- Target Enterprise Users: CFOs, treasurers, finance teams, financial institutions, payment companies, multinational corporations
- Primary Enterprise Use Cases: Cross-border treasury management, programmable finance workflows, stablecoin-enabled capital movement
- Target Customer Segments: Banks and financial institutions, payment companies, multinational enterprises
- Operational Goals: Verified stablecoin transactions, compliance-oriented infrastructure, trusted cross-border payment capabilities
- Stablecoin Infrastructure Areas Covered: Payments, treasury, liquidity management, capital movement, programmable settlement operations
- Compliance Focus: Identity assurance, fraud prevention, transaction verification, enterprise risk management support
- Cross-Border Capabilities: Real-time international payments and treasury coordination across banking systems and blockchain networks
- Enterprise Benefits Highlighted: Faster settlement, programmable finance functionality, operational trust, integrated identity assurance
- Deployment Structure: Joint enterprise deployment model combining payment infrastructure and identity verification systems
- Industry Positioning: Partnership focused on enabling trusted enterprise adoption of stablecoin-powered financial operations
- Prove Industry Presence: Trusted by 19 of the top 20 U.S. banks according to the company
- Velocity Platform Focus: Enterprise-first stablecoin infrastructure integrating traditional finance operational frameworks
- Leadership Commentary Theme: Stablecoin growth requires both transaction speed and trusted identity verification infrastructure
- Announcement Positioning: Partnership intended to support the next phase of enterprise stablecoin adoption through integrated trust and payments infrastructure
Partnership Focus on Stablecoin Identity Infrastructure
The companies stated that the rapid growth of stablecoin-powered financial operations has significantly advanced payment movement infrastructure while identity verification systems associated with those transactions have not evolved at the same pace. According to the announcement, the partnership seeks to address this imbalance by integrating trusted identity verification directly into enterprise payment workflows.
The collaboration focuses on several operational areas associated with enterprise stablecoin usage, including:
- Cross-border payments
- Treasury management
- Enterprise settlement operations
- Programmable finance workflows
- Compliance-sensitive financial transactions
- Global capital movement
- Institutional payment infrastructure
According to the companies, the partnership is intended to support enterprises that require both transaction efficiency and operational trust when deploying stablecoin-based financial systems.
The announcement noted that while stablecoin infrastructure enables:
- Faster value transfer
- Borderless transaction capabilities
- Programmable payment functionality
- Expanded treasury flexibility
organizations also require:
- Verified participant identities
- Fraud prevention capabilities
- Regulatory alignment
- Compliance-focused transaction assurance
- Operational confidence across international markets
The companies stated that the partnership combines these capabilities into a coordinated enterprise solution.
Joint Solutions for Enterprise Finance Teams
According to the announcement, Prove and Velocity will jointly deliver solutions intended for:
- Chief Financial Officers
- Corporate treasurers
- Global finance teams
- Financial institutions
- Payment companies
- Multinational enterprises
The companies indicated that the partnership is designed to support organizations preparing to move capital using stablecoin infrastructure while maintaining identity assurance requirements demanded by compliance and risk management teams.
The collaboration aims to provide enterprises with:
- Stablecoin payment capabilities
- Identity verification systems
- Enterprise treasury infrastructure
- Cross-border transaction support
- Compliance-oriented operational frameworks
- Risk mitigation support
- Real-time capital movement capabilities
The companies also emphasized that the partnership supports enterprise deployment requirements by addressing both payment infrastructure and identity verification within a single coordinated framework rather than through disconnected systems or multiple independent vendors.
According to the announcement, the joint engagement model is intended to streamline deployment processes for enterprise organizations implementing digital asset and stablecoin strategies across international operations.
Prove’s Identity Verification Capabilities
The announcement highlighted Prove’s identity network as a central component of the partnership. According to the company, Prove’s infrastructure is capable of verifying approximately 90% of digitally active people worldwide.
Prove stated that its identity verification and authentication solutions are designed to:
- Verify individuals in real time
- Verify businesses and agents
- Reduce onboarding friction
- Prevent fraud
- Improve operational confidence
- Support seamless digital customer experiences
- Enable compliance-focused identity workflows
The company indicated that its technologies are currently used across multiple sectors, including:
- Banking
- Fintech
- Cryptocurrency
- Gaming
- Commerce
- Insurance
- Healthcare
According to the announcement, Prove is trusted by:
- 19 of the top 20 U.S. banks
- Thousands of global brands and enterprises
The company stated that the partnership with Velocity extends these capabilities into enterprise stablecoin payments and treasury operations, helping organizations combine digital asset infrastructure with verified identity assurance systems.
The announcement also emphasized that identity verification remains an important operational component for organizations seeking to expand stablecoin-based financial workflows at enterprise scale.
Velocity’s Enterprise Payments and Treasury Infrastructure
Velocity described its platform as an enterprise-first infrastructure layer combining stablecoin programmability with traditional finance operational frameworks. According to the company, its infrastructure is designed to address operational challenges associated with:
- Cross-border settlement
- Treasury management
- Liquidity movement
- Capital management
- Multi-network financial operations
The company stated that its platform enables organizations to:
- Move capital across banks
- Operate across blockchain networks
- Manage cross-border treasury activity
- Coordinate programmable payment operations
- Support enterprise-scale stablecoin transactions
According to the announcement, Velocity’s infrastructure is intended to provide enterprises with:
- Faster settlement functionality
- Flexible financial workflows
- Integrated treasury management
- Real-time movement of capital
- Stablecoin-enabled payment operations
The partnership with Prove adds identity assurance capabilities to Velocity’s enterprise financial infrastructure, creating a coordinated offering designed to support enterprise trust and compliance requirements.
The announcement also indicated that the partnership reflects a broader focus on combining programmable financial infrastructure with operational trust systems required by enterprise organizations operating internationally.
Leadership Statements on Stablecoin Trust and Adoption
Fernando Castellanos, Global Head of Digital Assets and Sponsor Banks at Prove, discussed the role of trust and identity verification in enterprise stablecoin adoption.
According to Castellanos:
“Stablecoins have fundamentally changed enterprise finance by delivering faster, more programmable, and borderless value transfer. But while the movement of money has evolved, identity has not kept pace, and that trust gap remains one of the most significant barriers to enterprise adoption. Through our partnership with Velocity, we will deliver trust at global scale by giving verified users, merchants, and platforms the confidence to transact seamlessly across borders.”
The statement emphasized several areas associated with enterprise stablecoin deployment, including:
- Cross-border transaction confidence
- Identity verification at global scale
- Operational trust
- Enterprise adoption barriers
- Verified financial participation
- Seamless international financial activity
Eric Queathem, Founder and Chief Executive Officer of Velocity, also commented on the partnership and the operational role of identity infrastructure in enterprise payment systems.
According to Queathem:
“We want CFOs to be able to make money move like the internet: instant, global, and flexible. But speed without trust creates risk. Partnering with Prove means we can walk into any enterprise conversation knowing we have the identity layer covered. Together, we’re giving clients everything they need to move capital in real-time, and with confidence.”
The statement referenced:
- Instant payment movement
- Global treasury operations
- Enterprise transaction flexibility
- Identity-layer integration
- Risk reduction
- Real-time capital movement
- Operational confidence for enterprise clients
The companies stated that the partnership is intended to help enterprises deploy stablecoin-based financial systems while balancing transaction speed with trust and compliance requirements.
Target Customer Segments and Deployment Framework
According to the announcement, the partnership focuses on three primary customer segments operating within global financial infrastructure and enterprise treasury environments.
The companies identified the following target segments:
Banks and Financial Institutions
The partnership is intended to support:
- Financial institutions developing digital asset capabilities
- Organizations integrating stablecoin operations
- Institutions modernizing payment infrastructure
- Regulated entities requiring identity assurance mechanisms
The companies stated that the collaboration combines:
- Banking-oriented payment infrastructure
- Enterprise treasury functionality
- Identity verification systems
- Compliance-oriented transaction frameworks
Payment Companies Expanding Cross-Border Stablecoin Operations
According to the announcement, payment organizations seeking to expand into stablecoin corridors may use the partnership infrastructure to support:
- Cross-border payment settlement
- Real-time international transfers
- Identity verification
- Operational compliance workflows
- Global transaction coordination
The companies indicated that stablecoin corridors continue to expand internationally, increasing demand for integrated trust and payment infrastructure.
Global Enterprises Seeking Programmable Treasury Solutions
The partnership also targets multinational enterprises seeking:
- Treasury modernization
- Programmable capital movement
- Stablecoin-enabled financial workflows
- Multi-jurisdiction payment coordination
- Cross-border treasury flexibility
According to the companies, the partnership provides a coordinated deployment path designed to address:
- Payment infrastructure requirements
- Identity assurance requirements
- Enterprise treasury operations
- Compliance coordination
- Operational scalability
The announcement stated that the joint approach is intended to simplify enterprise implementation by combining payment and identity infrastructure into a unified engagement model.
Stablecoin Adoption and Enterprise Trust Requirements
The announcement stated that the companies share a common view that the next stage of stablecoin adoption will depend significantly on trust, identity assurance, and enterprise-grade operational reliability.
According to the companies:
- Stablecoin adoption is expanding within enterprise finance
- Organizations increasingly require programmable financial infrastructure
- Cross-border treasury operations continue to evolve
- Compliance and identity assurance remain central operational priorities
The companies stated that the next phase of the stablecoin economy will not be determined solely by:
- Transaction speed
- Yield generation
- Payment efficiency
but also by:
- Trusted identity verification
- Enterprise operational confidence
- Compliance-ready financial infrastructure
- Verified transaction participants
- Coordinated treasury controls
The partnership announcement emphasized that combining payment infrastructure with identity verification capabilities is intended to support broader enterprise adoption of stablecoin-based financial systems.
According to the companies, the collaboration seeks to establish a framework where stablecoin payments operate with trust mechanisms comparable to traditional financial transactions while retaining the speed and programmability associated with digital asset infrastructure.
About Prove Identity, Inc.
Prove Identity, Inc. provides identity verification and authentication solutions focused on verifying individuals, businesses, and agents in real time.
According to the company:
- Its technologies support fraud prevention
- Its solutions streamline onboarding processes
- Its infrastructure enables customer authentication
- Its services support digital customer experiences across channels
The company stated that it works with organizations across:
- Banking
- Financial technology
- Cryptocurrency
- Gaming
- Commerce
- Insurance
- Healthcare
According to the announcement, Prove is trusted by:
- 19 of the top 20 U.S. banks
- Thousands of brands and enterprises globally
The company stated that its mission is centered on enabling organizations to verify identity without operational friction or uncertainty.
Additional information is available through the company’s official website.
About Velocity
Velocity is an enterprise-focused platform designed to combine stablecoin programmability with traditional financial operational structures.
According to the company, its platform addresses:
- Cross-border settlement challenges
- Treasury operations
- Liquidity coordination
- Capital movement across networks
Velocity stated that its infrastructure enables organizations to:
- Move capital across banking systems
- Operate across blockchain networks
- Manage treasury activity across borders
- Support enterprise financial workflows
The company indicated that its platform is designed to support enterprises seeking integrated stablecoin-based treasury and payment capabilities within operationally rigorous financial environments.
Additional information is available through the company’s official website.
Media Contact
For additional information, visit velocity.xyz.
Source Attribution
Source: Company announcement
