Corpay Partners with BVNK to Launch Stablecoin Settlement Services
Corporate payments provider Corpay has announced a strategic partnership with stablecoin infrastructure platform BVNK to integrate stablecoin wallets and settlement capabilities for its global customer base. Announced on May 11, 2026, this collaboration aims to enhance liquidity movement by offering 24/7 settlement options that operate beyond traditional banking hours. Through this integration, Corpay’s more than 800,000 customers will be able to view stablecoin balances alongside fiat currencies, enabling them to send, receive, store, and convert stablecoins directly within the Corpay platform. Mark Frey, Group President for Corpay Cross-Border Solutions, emphasized that this move strengthens their infrastructure by providing reliable, rapid liquidity transfers at scale. Additionally, Corpay plans to utilize stablecoin rails in its treasury operations to reduce reliance on pre-funded accounts, thereby improving capital efficiency. Jesse Hemson-Struthers, CEO of BVNK, highlighted that the partnership brings these advanced payment capabilities into the mainstream, facilitating faster and more efficient cross-border money management. While stablecoins offer significant advantages in reducing settlement times and capital requirements, particularly in emerging markets, the article also notes inherent risks such as security vulnerabilities and counterparty concerns that enterprises must navigate.
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Corpay Partners with BVNK to Launch Stablecoin Settlement Services
Corporate payments provider Corpay has announced a strategic partnership with stablecoin infrastructure platform BVNK to integrate stablecoin wallets and settlement capabilities for its global customer base. Announced on May 11, 2026, this collaboration aims to enhance liquidity movement by offering 24/7 settlement options that operate beyond traditional banking hours. Through this integration, Corpay’s more than 800,000 customers will be able to view stablecoin balances alongside fiat currencies, enabling them to send, receive, store, and convert stablecoins directly within the Corpay platform. Mark Frey, Group President for Corpay Cross-Border Solutions, emphasized that this move strengthens their infrastructure by providing reliable, rapid liquidity transfers at scale. Additionally, Corpay plans to utilize stablecoin rails in its treasury operations to reduce reliance on pre-funded accounts, thereby improving capital efficiency. Jesse Hemson-Struthers, CEO of BVNK, highlighted that the partnership brings these advanced payment capabilities into the mainstream, facilitating faster and more efficient cross-border money management. While stablecoins offer significant advantages in reducing settlement times and capital requirements, particularly in emerging markets, the article also notes inherent risks such as security vulnerabilities and counterparty concerns that enterprises must navigate.
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