Corpay adds BVNK stablecoin settlement to $12B network

Corpay has partnered with crypto infrastructure firm BVNK to add stablecoin wallets and 24/7 settlement to its global payments platform. The integration will allow customers to hold, send, receive, store and convert dollar-pegged digital currency alongside traditional fiat accounts across Corpay’s corporate payments network.

Corpay serves more than 800,000 clients and processes over $12 billion in corporate payments and roughly $26 billion in foreign exchange transactions each month across more than 145 currencies. The company plans to use the stablecoin infrastructure for customer services and for its internal treasury operations.

BVNK will provide the underlying technology and a compliance framework for the rollout. The London-based firm supplies stablecoin payment infrastructure to companies including Worldpay, Deel and Flywire and processes billions of dollars annually.

Corpay said the integration gives clients access to settlement rails that operate outside standard banking hours and to embedded wallets within Corpay’s payment ecosystem. The company stated the capability is intended to speed cross-border transfers and reduce the need for pre-funded accounts by enabling faster settlement and more flexible liquidity management across its international network.

Mark Frey, Group President of Corpay Cross-Border Solutions, noted, “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.”

Jesse Hemson-Struthers, BVNK’s chief executive, described the partnership as part of a broader shift in global payments toward blockchain-based rails that provide near-instant transfers and continuous market access. He added, “Corpay’s scale and reach make them an ideal partner. Together, we’re enabling faster, more efficient ways for businesses to move and manage money across borders.”

Customers will be able to maintain stablecoin balances within the same platform they use for fiat payments, convert between digital dollars and traditional currencies, and move funds across borders outside traditional banking windows. Corpay also intends to fold stablecoin wallets into its treasury to streamline liquidity management across regions and currencies.

Corpay did not disclose a full public rollout date or which stablecoins will be supported initially. Both companies emphasized that compliance and risk controls are part of the integration as regulatory frameworks for stablecoins continue to develop globally.