Fintech
U.S. payments firm Corpay introduces stablecoin settlement to expand 24/7 payments infrastructure
U.S. payments firm Corpay is adding stablecoin wallet functions to its platform through a partnership with BVNK, enabling customers to view stablecoin and fiat balances and send, receive, hold and convert stablecoins. The integration aims to reduce constraints from banking hours and existing payment systems and broaden cross-border and domestic transaction processing. Corpay also plans to use stablecoin rails in its treasury operations to reduce reliance on pre-funding accounts and improve capital efficiency.
