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Corpay Announces BVNK Partnership For Stablecoin Settlement
Corpay reveals it has selected BVNK to integrate stablecoin solutions including settlements and wallets to clients.
Corpay and BVNK announce partnership for stablecoin infrastructure (Akif Waseem / Unsplash)
Corpay and BVNK have partnered on stablecoin infrastructure.
Corpay has officially selected BVNK as a provider to bring stablecoin settlement and wallets globally.
Specifically, the company will be able to offer its clients stablecoin acceptance and balances, as well as gradually integrate stablecoin technology for their own treasury practices.
In a press release, BVNK CEO Jesse Hemson-Struthers expressed:
“We believe stablecoins are reshaping the foundation of global payments. Corpay’s scale and reach make them an ideal partner to bring these capabilities into the mainstream. Together, we’re enabling faster, more efficient ways for businesses to move and manage money across borders.”
BVNK is continuing to add more traditional finance partners to its stablecoin infrastructure.
In the last few weeks, it had partnered Meow to power their stablecoin payments, and received a MiCA license.
Recently, it had announced an acquisition deal from Mastercard at over $1B and is now seen as one of the leaders in bringing stablecoin adoption to fintechs, PSPs, and institutions.
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