Corpay partnered with BVNK to offer stablecoin wallets and cross-border settlement tools to corporate clients.
Payments firm Corpay (CPAY) partnered with stablecoin infrastructure provider BVNK on May 11 to offer stablecoin wallets and settlement capabilities to its global corporate customers. The integration allows companies to move funds across borders outside traditional banking hours. #Stablecoins #Payments #CrossBorder #CryptoAdoption
Corpay clients will be able to view stablecoin balances alongside fiat balances within the platform. They can also send, receive, store, and convert stablecoins through embedded wallets. Corpay said it will apply the same stablecoin rails to its own internal treasury operations.
The company expects the integration to reduce its reliance on pre-funded accounts and improve capital efficiency. It also expects to simplify fund movement across its global network. Corpay separately added blockchain-based settlement through JPMorgan's Kinexys private blockchain and BVNK's stablecoin infrastructure, with deployment planned across select corridors.
Stablecoin Volume Surpasses $1.2T
These additions sit alongside existing infrastructure, including SWIFT, Corpay's proprietary iACH network, and local real-time payment schemes. The BVNK wallet integration extends stablecoin access directly to Corpay's end customers. Mastercard agreed in March to acquire BVNK for up to $1.8 billion, while Visa partnered with BVNK earlier in 2026 to support stablecoin funding and payouts through Visa Direct.
Other payments companies have pursued similar strategies. Stripe built stablecoin payment capabilities through Bridge. Worldpay used BVNK to offer stablecoin payouts to businesses globally. The pattern reflects broader adoption of stablecoins as operational infrastructure for liquidity management and cross-border settlement.
Stablecoin transaction volume reached over $1.2 trillion in the 30 days prior to May 11, according to Visa data. That figure compares to $733 billion over the same period a year earlier. The growth is driven primarily by institutional and payments use cases rather than retail activity.
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