Corpay Partners BVNK to Launch Stablecoin Payments Across $12 Billion Global Network

"The agreement will allow Corpay customers to hold stablecoin balances alongside traditional fiat accounts and use embedded wallets to send, receive, store, and convert digital dollars directly within the company's payment ecosystem."

"The partnership is designed to give businesses access to round-the-clock settlement networks that operate outside conventional banking hours, a feature increasingly seen as a core advantage of blockchain-based payments."

"Corpay, which serves more than 800,000 clients globally, processes over $12 billion in corporate payments and roughly $26 billion in foreign exchange transactions each month across more than 145 currencies."

"At our scale, the ability to move liquidity quickly and reliably is critical. Stablecoins introduce a 24/7 settlement capability that strengthens our existing infrastructure, said Mark Frey, Group President of Corpay Cross-Border Solutions."

Corpay is partnering with BVNK to add stablecoin capabilities to its corporate payments platform. Customers will be able to hold stablecoin balances alongside fiat accounts and use embedded wallets to send, receive, store, and convert digital dollars within the payment ecosystem. The integration provides round-the-clock settlement networks that operate outside conventional banking hours. Corpay processes more than $12 billion in corporate payments and about $26 billion in foreign exchange transactions monthly across 145+ currencies for 800,000+ clients. Stablecoin rails are expected to expand cross-border payment capabilities by improving speed and flexibility of global fund transfers. Corpay also plans to integrate stablecoin infrastructure into internal treasury operations to reduce reliance on pre-funded accounts, improve capital efficiency, and streamline liquidity management.

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