Today stablecoin infrastructure startup BVNK announced a collaboration with Worldpay to enable its clients to make payouts using stablecoins. Worldpay provides card acceptance services to more than a million merchants worldwide and processes $2.3 trillion in payments annually.
As part of its offering, Worldpay provides a payouts service enabling merchants to use the money they’ve received to payout staff, contractors or other third parties. While these payments usually involve bank payments, soon there will be an option to use stablecoin payments. A pilot is expected to go live during the second half of 2025.
Worldpay is using BVNK’s embedded wallet system so that Worldpay’s merchants don’t have to hold the stablecoins themselves.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
