Corpay taps BVNK to bring stablecoin wallets to corporate payments
Corpay will use stablecoin rails in its treasury operations to improve capital efficiency, reduce reliance on pre-funded accounts, and move funds across its global footprint....
Key takeaways
- 1Corpay partnered with BVNK to add stablecoin wallets enabling 24/7 cross-border payments outside traditional banking hours.
- 2Stablecoin transaction volume surged to $1.2 trillion over 30 days, up 64% from $733 billion year-over-year.
- 3Mastercard acquired BVNK for up to $1.8 billion as stablecoins become key infrastructure for corporate treasury operations.
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Why it matters
Stablecoins are increasingly embedded into mainstream payment rails, reducing reliance on traditional banking infrastructure for corporate settlements. For Indian retail investors, this signals accelerating institutional adoption of blockchain-based payments and growing legitimacy of stablecoin use cases in treasury management.
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