Corpay taps BVNK to bring stablecoin wallets to corporate payments

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email 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. By Francisco Rodrigues , AI Boost | Edited by Jamie Crawley May 11, 2026, 2:34 p.m. 2 min read Make preferred on (Shutterstock) What to know : Corpay partnered with BVNK to add stablecoin wallets & settlement for global customers, allowing cross-border money movement outside traditional banking hours. 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. Stablecoins are a growing operational use case for payment firms' treasury & cross-border settlement. BVNK is a key player, partnering with Visa & bought by Mastercard. Payments firm Corpay (CPAY) add stablecoin wallets and settlement capabilities for its global corporate customers alongside BVNK to give companies another way to move money across borders outside traditional banking hours. Teaming up with BVNK will allow Corpay clients to see stablecoin balances alongside fiat balances inside its platform, while allowing them to send, receive, store and convert stablecoins through embedded wallets. Corpay said it will use the same stablecoin rails in its treasury operations. It expects to reduce reliance on pre-funded accounts, improve capital efficiency and make it easier to move funds across its global footprint doing so. The firm has also added blockchain-based settlement to its cross-border payments platform through JPMorgan’s Kinexys private blockchain and BVNK’s stablecoin infrastructure. The company said the rails would be used across select corridors. Those additions sit alongside SWIFT, Corpay’s proprietary iACH network and real-time local payment schemes. The new BVNK wallet integration brings that stablecoin functionality closer to customers. BVNK has become one of the main firms helping payment companies add stablecoin rails. Mastercard agreed in March to buy BVNK for up to $1.8 billion , while Visa teamed up with BVNK earlier this year to support stablecoin funding and payouts through Visa Direct. Other payment firms are taking a similar route. Stripe has been building stablecoin payments through Bridge, while Worldpay has used BVNK to offer stablecoin payouts to global businesses. The use case is mostly operational. Stablecoins give payment firms another settlement option for liquidity movement, treasury management and cross-border transfers outside banking hours. Stablecoin payments remain a small part of global money movement, but a growing one. Data from Visa shows that over the past 30 days, over $1.2 trillion in stablecoin transaction volume, up from $733 billion a year ago. Stablecoins AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform By Olivier Acuna | Edited by Oliver Knight 48 minutes ago Ripple announced its agreement with the global investment firm Monday, noting that Ripple Prime’s revenue has tripled in the last year, when. it acquired it for $1.25 billion. What to know : Ripple Prime secured a $200 million funding facility from Neuberger Berman to expand margin financing for trading in traditional and digital asset markets. Ripple said the financing will support growing demand for its multi-asset prime brokerage platform, whose revenue has tripled year over year since it acquired and rebranded Hidden... Read full story Latest Crypto News The biggest consensus overhaul in Solana history is officially live for testing 17 minutes ago Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform 48 minutes ago CoinDesk 20 performance update: SUI surges 25% over weekend 1 hour ago Tom Lee's Bitmine slows down ether purchases after already buying 1 million tokens this year 1 hour ago Strategy buys 535 bitcoin for $43 million days after signaling potential BTC sales 2 hours ago Ronin set to transition to Ethereum layer 2 from independent sidechain 2 hours ago Top Stories Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue 3 hours ago Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg 4 hours ago Bitcoin whipsaws on CME open as Iran tensions pressure crypto markets 4 hours ago Michael Saylor’s latest tax strategy echoes Strategy’s 2022 bitcoin sale 3 hours ago A bitcoin whale that went silent in 2013 moves $40 million in BTC 10 hours ago BlackRock deepens tokenization push with new onchain fund offerings May 9, 2026