Wellspring Debuts Treasury Management Tool for Small Businesses

Blockchain and decentralized finance company Wellspring has introduced a treasury management solution for small and medium-sized businesses (SMBs).

Wellspring Institutional is designed to offer finance teams centralized cash visibility, integrated domestic and cross-border payments, as well as “the ability to generate yield on treasury balances through a single operating environment,” the company said in a Saturday (Feb. 21) news release.

“Treasury management is becoming more complex as new payment rails emerge,” said Andrey Chabanov, co-founder and CEO of Wellspring. “Our objective is to provide businesses with a unified control layer that enhances visibility, strengthens governance, and improves capital efficiency without disrupting existing financial operations.”

Wellspring, the release said, connects traditional banking infrastructure with regulated stablecoin settlement rails, letting businesses improve capital efficiency while providing access to the benefits of stablecoins and decentralized finance.

“By consolidating treasury workflows into a single platform, Wellspring reduces operational complexity and strengthens financial oversight,” the company said.

Wellspring Institutional, the release continued, is designed around three core capabilities: liquidity management, payments infrastructure, and yield.

The release is happening at a time when small businesses are facing increasing pressures. For example, a growing number of retail small businesses are “not planning for the next downturn so much as financing their way through the next week,” as PYMNTS wrote earlier this month.

Research from PYMNTS Intelligence has shown just how thin that margin has become. The PYMNTS Data Book “How Retail Small Businesses Finance Survival in Uncertain Times” paints an economy where access to capital is often less about expansion than endurance.

The report found that many SMBs are functioning with little slack, relying on daily receipts or whatever cash they have in the bank.

“When those buffers fail, owners increasingly lean on financing that is faster and easier to tap, even if it pushes risk onto the individual rather than the business,” PYMNTS wrote.

“There’s a line between firms that can use credit strategically and firms using it as a substitute for cash, a distinction shaped by revenue trajectory, business age and industry exposure to supply shocks and tariffs.”

The research found that credit cards are the most common on-demand funding tool in the stack, with 64% of SMBs with financing access have business credit cards available.

For SMBs who said they are only slightly or not at all likely to survive, 27% used personal credit cards in the past 12 months, “pointing to a shift from business balance sheets to household ones when options narrow,” PYMNTS added.