Worldpay has partnered with BVNK to introduce near-instant stablecoin payouts to its clients across the US and Europe, marking a major advancement in the adoption of blockchain-based financial infrastructure. This strategic collaboration will allow Worldpay’s customers to send payouts in stablecoins to recipients—including contractors, creators, sellers, and third-party beneficiaries—across over 180 markets without directly handling digital assets.
The new service, set to launch in a pilot phase in the second half of the year, will be available through clients’ existing integration with Worldpay’s payouts platform. This means no additional complexity for businesses already using Worldpay, while opening access to faster and more efficient cross-border transactions.
Stablecoins have seen explosive growth, with global transaction volumes hitting $27 trillion across 1.25 billion transactions in 2024, according to Visa. Worldpay’s collaboration with BVNK builds on previous stablecoin initiatives, including USDC settlements launched in 2022 and a recent pilot with Visa to expedite fund transfers.
BVNK CEO Jesse Hemson-Struthers commented, “Stablecoins are unlocking a new paradigm for global cross-border payments, offering benefits in speed, transparency, and accessibility versus traditional financial infrastructure, with around $5.7 trillion of stablecoin payments made in 2024. When trusted providers like BVNK and Worldpay work together, we can simplify some of the complexity and bring modern, efficient payments options—on high-speed payment rails—to businesses across the globe.”
By simplifying stablecoin payouts, the partnership aims to unlock faster, cheaper, and more inclusive global financial services for businesses navigating the digital economy.