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Digital assets payments platform BVNK said it will offer stablecoin payments across all 50 U.S. states, including New York, through a partnership with Paxos, which provides regulated trust and qualified custody services. The companies said the tie-up enables BVNK to power stablecoin payments for its entire U.S. user base.
BVNK said its goal is to become a primary partner for U.S. enterprises adopting stablecoins. By combining Paxos’s regulated infrastructure with BVNK’s existing global crypto and fiat licences, the firm aims to offer seamless operations across borders and currencies.
The company described itself as a full-stack provider in stablecoin payments, offering managed, self-managed and embedded solutions for businesses. Since entering the U.S. market, BVNK said transaction volumes have quadrupled over the past 60 days, putting the U.S. business on track to exceed $10 billion in run-rate volumes by year-end.
BVNK highlighted enterprise adoption examples: Flywire (Nasdaq: FLYW) is using its infrastructure for stablecoin acceptance; Worldpay is enabling stablecoin payouts for merchants; and Highnote plans to remove costly weekend pre-funding by leveraging 24/7 stablecoin rails. The company said it already processes over $15 billion in annualised volume for clients including LianLian Global, Deel, and dLocal, and is backed by Haun Ventures, Coinbase Ventures, and Visa.
Amit Cheela, Chief Executive Officer – US, BVNK, said the firm’s integrated approach is designed to support customers at every stage:
As the only full-stack provider in the stablecoin payments space, we're uniquely positioned to support businesses at every stage of their stablecoin journey – from managed payments to self-managed and embedded solutions.
— Amit Cheela, Chief Executive Officer – US, BVNK
BVNK said it will roll out expanded U.S. services in the coming weeks and plans further updates as new capabilities go live.
Risk note (editorial): Risk rating: Medium. Nationwide stablecoin programmes remain sensitive to regulatory, licensing, and counterparty considerations; timelines and functionality may vary by state oversight and partner readiness.
