Corpay Expands Payment Network With BVNK Stablecoin Settlement Deal

TLDR

• Corpay taps BVNK to add stablecoin wallets and settlement tools globally
• Corpay expands payment rails with BVNK’s stablecoin infrastructure deal
• BVNK deal brings 24/7 stablecoin settlement to Corpay’s clients worldwide
• Corpay adds stablecoin balances beside fiat in its global payments platform
• Corpay uses BVNK rails to improve liquidity movement across global markets

Corpay has deepened its involvement in stablecoin payments through a new partnership with BVNK. The deal adds embedded wallets and settlement tools to Corpay’s global payments network. It also strengthens the company’s push into faster cross-border money movement.

Corpay Adds Stablecoin Wallets to Payments Platform

Corpay said the integration will give customers access to embedded wallets inside its platform. Businesses can store, send, receive, and convert stablecoin balances without leaving Corpay’s system. They can also view digital balances beside existing fiat balances.

The move expands Corpay’s payment options for domestic and cross-border transactions. It also gives clients access to payment rails that run beyond standard banking hours. As a result, businesses can manage transfers with more flexibility.

Corpay serves more than 800,000 clients across its global network. The company processes over $12 billion in corporate payments each month. Its foreign exchange business also handles about $26 billion monthly across more than 145 currencies.

BVNK Provides Settlement and Compliance Infrastructure

BVNK will provide the technology layer behind the new wallet and settlement features. The platform specializes in digital asset payments for businesses and financial institutions. Through the deal, Corpay gains a ready framework for secure stablecoin settlement.

Corpay will also use stablecoin rails inside its treasury operations. This step can reduce its dependence on pre-funded accounts across markets. It can also improve capital efficiency by moving funds faster across regions.

Mark Frey, Group President of Corpay Cross-Border Solutions, said fast liquidity movement remains important at Corpay’s scale. He said stablecoin settlement adds a 24/7 capability to Corpay’s current infrastructure. He also said BVNK brings the compliance framework needed for secure delivery.

Stablecoins Gain Ground in Global Payments

The deal comes as stablecoin use grows across global payments and treasury systems. Companies now use digital dollars to support faster settlement and lower payment friction. This trend continues as businesses seek alternatives to slower banking networks.

The Stablecoin Utility Report 2026 surveyed 4,658 adults across 15 countries. It found that 54% of crypto users held stablecoins during the past year. Respondents also allocated about one-third of their savings to crypto and stablecoins.

The total supply of dollar-pegged stablecoin assets has reached about $301 billion. Tether’s USDT leads the market with $189.7 billion in circulation. Circle’s USDC follows, with a total supply of nearly $79 billion.

Corpay’s BVNK deal shows how corporate payment firms now add digital rails to existing systems. The company keeps its fiat network while adding faster settlement options. Therefore, the partnership places stablecoin infrastructure closer to mainstream business payments.

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