Business stablecoin accounts offer up to 4.1% in 2026

Business accounts from Coinbase, Ramp, Slash, Dakota and Meow hold stablecoin balances and advertise rewards of about 3.3% to 4.1% on idle USDC. The balances are not FDIC-insured deposits, even when an account includes access to an insured bank account.

The Financial Accounting Standards Board proposed on Aug. 18, 2026, allowing qualifying stablecoins to appear in the cash and cash equivalents section of a corporate balance sheet. The proposal is open for public comment until Nov. 19. Companies would need to consult their auditors before applying the proposed treatment.

The accounts use different structures. Some hold stablecoins backed by short-term U.S. Treasuries. Others combine an FDIC-insured bank deposit with a separate stablecoin wallet. Custodial exchange accounts and spending platforms add payment, card, accounting and treasury services.

Coinbase Business advertises a 3.60% reward on idle USDC, with no lockup or minimum balance. Customers can withdraw funds by ACH or wire to a linked business bank account. Coinbase states that USDC balances and rewards are not deposits and do not receive FDIC or SIPC insurance.

Ramp opened its Stablecoin Accounts to public beta in March 2026. The accounts allow companies to hold USDC within Ramp’s spending and accounting platform, with rewards of up to 3.98%. Payroll, supplier payments and card repayments are available through the same dashboard. Availability varies by location, including for some businesses in New York.

Slash combines business checking at partner bank Column N.A. with support for USDC and USDT. It advertises more than $200 million in FDIC coverage through sweep networks and treasury returns above 3.21% for businesses holding more than $500,000. Its Global USD account is backed by USDC and is not a bank deposit. Slash supports transfers on Ethereum, Solana, Arbitrum, Avalanche, Optimism, Polygon, Base and Stellar.

Dakota converts incoming dollars into stablecoins backed one-to-one by short-term U.S. Treasuries. Companies can move funds through ACH, Fedwire, SWIFT and SEPA. Dakota serves businesses in more than 100 jurisdictions and does not have a bank charter. Its DKUSD stablecoin is issued through Bridge’s infrastructure.

Meow provides USDC custody and advertises net yields of about 3.96% to 4.12% on certain commercial paper accounts as of September 2026. It offers up to $125 million in coverage through partner-bank arrangements and access to Treasury bills. Companies generally use Meow alongside a primary operating account.

Brex offers USDC payment options, checking, a program-bank sweep account and a money-market fund. Its advertised treasury returns range from 3.53% for balances below $500,000 to 3.87% for balances above $20 million. Checking balances earn 0% and receive $250,000 in FDIC coverage. The sweep account advertises coverage of up to $6 million. Capital One acquired Brex in April 2026.

Mercury does not support native stablecoin balances. Companies using Mercury must add a separate provider, such as Bridge or BVNK, to hold USDC directly.

The advertised payments are generally rewards rather than contractual interest. The GENIUS Act prohibits permitted payment stablecoin issuers from paying yield solely for holding a token. The restriction does not currently cover exchanges, wallets or payment platforms that are not issuers. Banks have asked Congress to extend it to those businesses.

Stablecoin supply reached $322.4 billion on May 17, 2026, before falling to about $301.7 billion by early September. Adjusted trading volume reached $1.79 trillion in June. USDT and USDC accounted for about 82% of total stablecoin supply in August.

Surveys cited in the source material found that 8% of companies had used stablecoins for payments, while 54% of nonusers expected to adopt them within six to 12 months. Among businesses that had used stablecoins, 41% reported savings of at least 10%, mainly on cross-border payments. Companies assessing an account must review its jurisdictions, payment networks, custody arrangements, insurance limits and reward terms.