Corpay Partners BVNK to Launch Stablecoin Payments Across $12 Billion Global Network

BVNK Powers Corpay Stablecoin Rollout as Cross-Border Payment Demand Accelerates

Corpay Inc. (NYSE: CPAY), one of the world’s largest corporate payments providers, is adding stablecoin capabilities to its platform through a partnership with crypto infrastructure firm BVNK, signaling another step toward the integration of digital assets into mainstream financial services.

The agreement will allow Corpay customers to hold stablecoin balances alongside traditional fiat accounts and use embedded wallets to send, receive, store, and convert digital dollars directly within the company’s payment ecosystem.

The partnership is designed to give businesses access to round-the-clock settlement networks that operate outside conventional banking hours, a feature increasingly seen as a core advantage of blockchain-based payments.

Corpay, which serves more than 800,000 clients globally, processes over $12 billion in corporate payments and roughly $26 billion in foreign exchange transactions each month across more than 145 currencies. The addition of stablecoin rails is expected to expand the company’s cross-border payment capabilities while improving the speed and flexibility of global fund transfers.

The company also plans to integrate stablecoin infrastructure into its internal treasury operations. By doing so, Corpay aims to reduce reliance on pre-funded accounts, improve capital efficiency, and streamline liquidity management across its international network.

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

TradFi Seek Stablecoins Rail for International Payments

BVNK, which provides stablecoin payment infrastructure for enterprises, will supply the underlying technology and compliance framework for the integration. The London-based company already works with firms including Worldpay, Deel, and Flywire, processing billions of dollars annually.

CEO Jesse Hemson-Struthers said the partnership reflects a broader transformation underway in global payments. “We believe stablecoins are reshaping the foundation of global payments. 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.”

The collaboration comes as traditional financial firms increasingly explore stablecoins as a practical tool for international commerce. Stablecoins have gained traction because they allow near-instant transfers with lower operational friction than many legacy banking systems.

For large corporate payment providers, the appeal lies in faster settlement times, continuous market access, and lower capital requirements tied to idle liquidity.

Corpay’s move also highlights how digital asset infrastructure is becoming embedded within established financial networks rather than operating separately from them. As regulation around stablecoins develops globally, partnerships between traditional finance firms and crypto-native infrastructure providers are expected to become more common.