LianLian Global, a major Chinese cross-border payments platform, is embracing stablecoin technology through a new partnership with BVNK. This move will allow LianLian’s international merchant base—spanning over 100 countries—to settle cross-border transactions in minutes using stablecoins, significantly improving speed and efficiency over traditional banking methods.
The integration will see BVNK convert stablecoin deposits from merchants into USD, which LianLian Global then routes through its expansive global payments infrastructure. This setup not only streamlines liquidity for merchants but also boosts their ability to conduct payouts in up to 130 currencies.
The collaboration comes as stablecoins gain momentum as a modern alternative for global settlements. BVNK has become a major player in this space, currently processing $14.5 billion in annualised stablecoin volume for key partners such as Worldpay and Deel. Backed by Visa and with recent strategic alliances, BVNK’s growing network makes it a natural partner for LianLian’s ambitions.
Adora Wang, CEO of LianLian Europe, stated: “Stablecoins have emerged as a powerful global settlement tool. By partnering with BVNK, we’re meeting growing demand for stablecoin payment rails, helping our customers in ecommerce, marketplaces and other sectors to boost liquidity and execute cross-border payouts in 130 currencies. We selected BVNK for their proven experience serving global payment service providers, extensive banking relationships, and comprehensive multi-stablecoin offering that gives our customers maximum flexibility.”