Financial technology company Dakota has launched a stablecoin infrastructure platform designed to help enterprises adopt digital dollars without the heavy operational and regulatory burden typically associated with custody, compliance, and settlement.
As stablecoins gain traction in global finance, Dakota positions itself as an end-to-end solution that allows businesses to use programmable money while outsourcing the most complex parts of financial operations.
Dakota’s Stablecoin Platform Brings Programmable Money to Enterprises
Dakota’s platform enables enterprises to use programmable stablecoins for payments and treasury management while the company handles custody, compliance, and settlement on their behalf. According to CEO Ryan Bozarth, Dakota operates in the United States as a registered Money Services Business and works with licensed banking and regulated payments partners internationally. The company is also pursuing Electronic Money Institution (EMI) and Crypto-Asset Service Provider (CASP) licenses in Europe.
This setup allows enterprises to move money across borders without becoming regulated financial institutions themselves. Businesses can define when money moves, where it goes, and how it is governed. The platform supports approvals, spending limits, reconciliation, and automated treasury actions after settlement.
Dakota says its infrastructure is already used by more than 700 businesses, including crypto-native companies and fintech platforms. Bozarth explains that stablecoins unlock these capabilities because they are digital dollars built on programmable infrastructure, allowing money to behave more like modern software—automated, composable, and consistent across jurisdictions.
The Rise of Programmable Stablecoins in Finance and Government
While 2025 has marked stablecoins as a dominant crypto narrative, most still function primarily as digital cash. However, an increasing number of companies and governments are experimenting with programmable money, embedding rules and automation directly into how funds move within applications.
In August, blockchain infrastructure company M0 raised $40 million in a Series B round led by Polychain Capital and Ribbit Capital to develop application-specific stablecoins with built-in controls over access, liquidity, and usage. The company has partnered with projects like MetaMask to integrate custom stablecoins directly into consumer applications.
That same month, Rain raised $58 million in a Series B led by Sapphire Ventures to expand tools that help banks and enterprises issue regulated stablecoins and automate compliant money flows. Rain focuses on real-time payroll, programmable cards, and controlled spending programs across multiple blockchains.
Governments are also testing programmable money through central bank digital currency pilots. In 2024, Kazakhstan used its digital tenge in pilot programs that released funds only when predefined milestones were met and automated VAT refunds, reducing processing times from over two months to about two weeks. Similarly, the Reserve Bank of India plans to expand its digital rupee pilots by adding programmability and offline payments to support government transfers and corporate spending.
