Corpay taps BVNK to bring stablecoin wallets to corporate payments

CoinDesk·

Corpay taps BVNK to bring stablecoin wallets to corporate payments

60-second summary

Corpay is partnering with BVNK to integrate stablecoin wallets into its corporate payment operations. This move will enable Corpay to leverage stablecoin rails in its treasury, improving capital efficiency and reducing reliance on pre-funded accounts. The partnership will also facilitate seamless fund transfers across Corpay's global footprint, enhancing its payment capabilities.

Corpay will use stablecoin rails in its treasury operations to improve capital efficiency, reduce reliance on pre-funded accounts, and move funds across its global footprint.