Corpay Partners with BVNK on Stablecoin Integration

Corpay, the global corporate payments company, announced a partnership with digital asset infrastructure provider BVNK to integrate embedded stablecoin wallets and settlement capabilities into its payments platform, serving more than 800,000 business clients worldwide.

The collaboration, detailed in a company statement, allows clients to store, send, receive, and convert stablecoins directly within Corpay's interface. Stablecoin balances will appear alongside traditional fiat holdings, providing a unified view. This enables transactions on payment rails that operate around the clock, free from standard banking hours, enhancing flexibility for domestic and cross-border payments.

Corpay, based in Toronto and listed on the New York Stock Exchange as CPAY, processes over $12 billion in business-to-business payments and $26 billion in foreign exchange volume each month across more than 145 currencies. The company plans to incorporate stablecoin rails into its own treasury operations, reducing dependence on prefunded accounts in various markets and improving capital efficiency through faster fund movements.

"At our scale, the ability to move liquidity quickly and reliably is critical,"...