Corpay taps JPMorgan and BVNK to bring stablecoin settlement to global platform.
Article excerpt
Highlighted: the sentence this signal was extracted from
Corpay taps JPMorgan and BVNK to bring stablecoin settlement to global platform. The partnerships are set to bring stablecoin and tokenized-fiat and stablecoin disbursement capabilities to Corpay's cross-border platform. Last updated: 20 hours ago Published 20 hours ago Show AI Summary Corpay, a S&P 500 corporate-payments firm, has made a significant move to modernize global payments by embedding blockchain-based settlement within its cross-border payments platform. The company unveiled new agreements with JPMorgan Chase and BVNK to facilitate both private blockchain and stablecoin-driven payment options. This move enables Corpay to offer 24/7 stablecoin and tokenized-fiat disbursements across select corridors, significantly improving the speed and flexibility of international transactions. Multi-rail global payments network. The integration strengthens Corpay's existing multi-rail payment infrastructure, which already includes traditional systems like SWIFT, proprietary iACH, and real-time local payment networks. By integrating blockchain rails, Corpay now enables clients to route payments through multiple settlement methods within a single platform, selecting the most efficient path based on cost, speed, and reliability. "We are continuing to build a truly multi-rail global payments platform," said Ron Clarke, Chairman and CEO of Corpay. "Adding both public and...
Keep reading with a free account
The rest of this article, and every signal for Corpay, is in your free account.
