Worldpay taps stablecoins for cross-border payouts via BVNK

Worldpay has announced a strategic collaboration with digital payments infrastructure provider BVNK to launch near-instant stablecoin payouts for businesses in the US and Europe.

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Worldpay taps stablecoins

The move marks a significant step towards integrating digital assets into mainstream financial services, allowing Worldpay clients to send global payouts in stablecoins without the need to directly manage or hold cryptocurrencies.

Leveraging BVNK’s infrastructure, Worldpay’s clients – including marketplaces, travel platforms and gaming operators – can now access stablecoin payouts through their existing integration with the Worldpay platform.

The new functionality will sit alongside the platform’s existing support for 135 fiat currencies, making stablecoins the first digital asset supported for outbound payments.

The partnership reflects Worldpay’s progressive expansion into crypto-enabled services.

In 2022, the company enabled merchant settlement in USDC in select markets, and in 2023, it concluded a pilot with Visa to expedite fund transfers using blockchain rails.

This latest initiative underscores the increasing enterprise appetite for faster, more efficient cross-border payment methods.

“As confidence grows in digital assets, clients are keen to explore the operational and economic benefits of stablecoins,” said John McNaught, head of payouts at Worldpay.

“Our clients can now make payouts across 180+ countries without the burden of handling crypto themselves.”

BVNK CEO Jesse Hemson-Struthers highlighted the broader shift towards blockchain-powered payment infrastructure: “Stablecoins are emerging as a viable alternative to legacy systems, offering superior speed and transparency.

With around $6 trillion in stablecoin payments processed in 2024 alone, the demand is real – but so are the barriers. This collaboration simplifies access and brings enterprise-grade capability to the space.”

As regulated fintechs increasingly embed crypto rails beneath familiar interfaces, stablecoin payouts could become a defining feature of next-generation global commerce.

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