TORONTO — May 11, 2026
Executive Summary
Corpay, Inc. has announced a partnership with BVNK to introduce embedded stablecoin wallets and settlement capabilities to Corpay’s global customer base. The integration will allow customers to hold stablecoin balances alongside fiat balances while enabling the sending, receiving, storing, and conversion of stablecoins directly within Corpay’s platform. The partnership also expands Corpay’s treasury capabilities through the integration of stablecoin settlement rails designed to improve liquidity movement and capital efficiency across its global operations. According to the companies, the initiative supports broader access to always-on payment infrastructure operating beyond traditional banking hours while strengthening domestic and cross-border payment flexibility for enterprise customers.
Announcement Overview
Corpay, Inc., a global corporate payments provider listed on the New York Stock Exchange under the ticker CPAY, has entered into a strategic partnership with BVNK to expand stablecoin functionality within its payment ecosystem. Through the integration, Corpay customers will gain access to embedded stablecoin wallets that support multiple payment and treasury-related activities directly inside Corpay’s existing infrastructure.
The partnership introduces stablecoin settlement capabilities into Corpay’s operations and customer-facing services. Customers using the platform will be able to:
- View stablecoin balances alongside fiat balances
- Send stablecoins through embedded wallet functionality
- Receive stablecoin payments
- Store stablecoins within the platform
- Convert stablecoins within Corpay’s environment
The integration also supports the use of always-on settlement rails operating independently of traditional banking schedules and limitations. According to the companies, the initiative expands payment flexibility for businesses handling domestic and cross-border transactions while improving operational efficiency across Corpay’s treasury network.
Stablecoin Wallet Integration Expands Corpay Platform Functionality
Corpay stated that the partnership with BVNK introduces embedded stablecoin wallet functionality directly into its platform infrastructure. The integration enables enterprise customers to interact with stablecoins through the same operational environment currently used for fiat-based payment management.
The functionality announced as part of the integration includes:
- Embedded wallet access
- Stablecoin balance visibility
- Digital asset settlement capabilities
- Conversion functionality between supported assets
- Cross-border transaction support
According to the announcement, customers will be able to manage stablecoin-related activities alongside traditional payment workflows without relying on separate external systems. The addition of stablecoin balances beside fiat balances reflects the company’s broader effort to integrate digital asset settlement into its existing payment infrastructure.
Corpay indicated that the stablecoin functionality will become part of its global payments environment serving enterprise customers operating across multiple regions and currencies. The company currently processes more than:
- $12 billion in corporate payments each month
- $26 billion in foreign exchange volume monthly
- Transactions involving more than 145 currencies
The company also serves a customer base exceeding:
- 800,000 clients worldwide
The integration with BVNK expands the available payment and settlement options accessible to those customers through Corpay’s platform.
Partnership Introduces Always-On Settlement Capabilities
A central component of the partnership involves the use of stablecoin payment rails operating continuously beyond traditional banking hours and banking system limitations. According to the announcement, the integration allows customers to access payment infrastructure designed to support around-the-clock settlement activity.
The companies stated that stablecoin rails provide operational flexibility by supporting:
- Continuous settlement availability
- Cross-border transaction movement
- Reduced dependence on banking cut-off schedules
- Expanded payment timing flexibility
- Faster liquidity movement
Corpay noted that these capabilities strengthen its broader payment infrastructure while extending available options for enterprise treasury and settlement operations.
The partnership also reflects increasing enterprise interest in digital asset infrastructure capable of supporting operational continuity outside conventional financial system operating windows. The integration announced by Corpay and BVNK specifically references payment functionality operating beyond:
- Traditional banking hours
- Legacy banking system constraints
- Pre-funded treasury structures
The companies stated that the new functionality is intended to support customers seeking additional flexibility in global payment management activities.
Treasury Operations and Capital Efficiency Enhancements
Corpay announced that stablecoin rails will also be integrated into its treasury operations as part of the partnership with BVNK. According to the company, the initiative is intended to improve liquidity movement and operational efficiency across its international footprint.
The treasury-related capabilities referenced in the announcement include:
- Reduced reliance on pre-funded accounts
- Improved capital efficiency
- Enhanced movement of funds globally
- Expanded settlement flexibility outside proprietary networks
Corpay stated that the integration supports the movement of funds across its global infrastructure without depending exclusively on its own proprietary network. The company indicated that the use of stablecoin settlement capabilities may support broader treasury optimization efforts as payment flows continue to evolve across international markets.
The announcement also emphasizes liquidity management as a central operational consideration. Corpay stated that efficient liquidity movement remains essential given the scale of its payment and foreign exchange operations. The addition of stablecoin settlement infrastructure is positioned as part of the company’s broader operational framework supporting enterprise payment services across multiple jurisdictions and currencies.
Cross-Border Payment Infrastructure Expansion
The partnership expands Corpay’s payment infrastructure by adding stablecoin settlement capabilities to its existing domestic and international transaction framework. Corpay stated that the integration provides customers with additional ways to manage both domestic and cross-border payments depending on operational requirements.
The company’s existing infrastructure supports:
- Corporate payments
- Foreign exchange operations
- Commercial card solutions
- Accounts payable modernization
- Mass payment services
- Global bank account functionality
- Risk management services
The addition of stablecoin settlement capabilities expands the number of available transaction methods within that ecosystem.
Corpay currently processes foreign exchange transactions involving more than 145 currencies each month. The integration with BVNK introduces stablecoin-enabled settlement functionality alongside those existing cross-border capabilities.
According to the announcement, the initiative supports:
- Expanded payment network functionality
- Additional transaction management options
- Broader settlement flexibility
- Enhanced customer payment choice
The companies indicated that the partnership aligns with evolving enterprise demand for payment systems capable of supporting international money movement with greater operational continuity.
Leadership Statements on the Partnership
Mark Frey, Group President of Corpay Cross-Border Solutions, commented on the significance of liquidity management and infrastructure scalability as part of the partnership announcement.
According to Frey:
“At our scale, the ability to move liquidity quickly and reliably is critical. Stablecoins introduce a 24/7 settlement capability that strengthens our existing infrastructure. BVNK provides the technology and compliance framework we need to deliver this securely and at scale.”
The statement references several operational priorities associated with the integration, including:
- Liquidity movement
- Settlement reliability
- Infrastructure scalability
- Compliance support
- Secure deployment
Frey also emphasized the role of continuous settlement infrastructure in strengthening Corpay’s existing operational capabilities.
Jesse Hemson-Struthers, Chief Executive Officer of BVNK, also commented on the partnership and the role of stablecoin infrastructure in enterprise financial operations.
According to Hemson-Struthers:
“We believe stablecoins are reshaping the foundation of global payments. Corpay’s scale and reach make them an ideal partner to bring these capabilities into the mainstream. Together, we’re enabling faster, more efficient ways for businesses to move and manage money across borders.”
The statement references:
- Stablecoin adoption in global payments
- Enterprise payment modernization
- Cross-border transaction efficiency
- Mainstream infrastructure deployment
- Operational scalability
The companies indicated that the partnership combines Corpay’s global customer reach with BVNK’s stablecoin infrastructure capabilities to support broader enterprise payment functionality.
Corpay’s Existing Global Payments Infrastructure
Corpay operates as a global corporate payments company providing commercial payment products and financial management solutions to businesses across multiple markets.
According to the company, its services include:
- Spend management solutions
- Fleet card programs
- Virtual card offerings
- Invoice automation systems
- Payment automation services
- Cross-border payment capabilities
- Mass payment services
- Global bank account infrastructure
- Risk management solutions
The company stated that its solutions are designed to help customers:
- Control business expenses
- Reduce operational inefficiencies
- Mitigate fraud risks
- Improve payment management processes
Corpay also noted that Corpay Cross-Border refers to a group of legal entities owned and operated by Corpay, Inc.
The company currently maintains operations supporting businesses globally and processes substantial monthly payment and foreign exchange volumes. According to the announcement, the partnership with BVNK expands the company’s payment network while introducing additional settlement infrastructure into its broader operational environment.
Corpay is also identified as:
- An S&P 500 company
- A New York Stock Exchange-listed company trading under CPAY
The integration announced with BVNK represents an expansion of the company’s payment infrastructure capabilities supporting enterprise financial operations.
BVNK’s Stablecoin Infrastructure Platform
BVNK operates as a stablecoin-powered financial infrastructure provider serving enterprise customers across international markets. According to the company, its platform is designed to support the creation of financial products and facilitate the movement of money globally through stablecoin infrastructure.
The company stated that its capabilities support:
- Financial product development
- Global money movement
- Enterprise payment operations
- Cross-border transaction processing
- Market expansion initiatives
BVNK indicated that its infrastructure supports payment operations across:
- More than 130 countries
The company also stated that it is trusted by organizations including:
- Worldpay
- Deel
- Flywire
According to the announcement, BVNK processes billions annually through its infrastructure platform.
The partnership with Corpay expands BVNK’s presence within enterprise payment operations by integrating stablecoin wallet and settlement capabilities into Corpay’s customer-facing payment infrastructure.
Stablecoins and Enterprise Payment Operations
The announcement reflects continued enterprise adoption of stablecoin-related infrastructure within corporate payment operations. Corpay and BVNK stated that the integration is intended to support more flexible and efficient payment management processes for enterprise customers operating internationally.
The partnership specifically references:
- Stablecoin settlement
- Embedded wallet infrastructure
- Always-on payment rails
- Treasury optimization
- Cross-border transaction support
The companies also emphasized the operational role of stablecoin infrastructure in supporting payment continuity beyond traditional banking system operating hours.
According to the announcement, the integration is designed to provide customers with additional payment management flexibility while expanding the settlement capabilities available through Corpay’s broader financial infrastructure platform.
About Corpay
Corpay, Inc. is a global provider of corporate payment solutions and commercial financial services. The company offers products and services across commercial cards, accounts payable modernization, payment automation, and cross-border financial operations.
Corpay’s offerings include:
- Spend management systems
- Fleet card solutions
- Virtual card products
- Invoice automation services
- Mass payment infrastructure
- Risk management services
- Global banking-related services
The company stated that its solutions are intended to help businesses manage operational spending, reduce fraud exposure, and improve financial control across payment activities.
Corpay is listed on the New York Stock Exchange under the ticker:
- NYSE: CPAY
About BVNK
BVNK provides stablecoin-powered financial infrastructure for enterprise customers. The company supports financial product development, payment operations, and global money movement through its stablecoin infrastructure stack.
According to BVNK, its platform supports:
- Enterprise payment operations
- Cross-border money movement
- Financial infrastructure deployment
- Market expansion initiatives
The company stated that it processes billions annually while supporting operations across more than:
- 130 countries
Media Contact
For additional information, visit BVNK.com.
Source Attribution
Source: Company announcement
