Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      PSPs and fintechs overtake retail trading firms as BVNK's largest customer segment

      Published: just now

      bvnk logo on tile with green background

      Payment service providers and fintechs have overtaken retail trading firms as the largest customer segment for stablecoin infrastructure provider BVNK, accounting for 75% of platform volume, according to proprietary data published by the company today.


      The data also shows embedded wallet volume on the platform rose 263 times year on year during 2025. BVNK says it now processes more than $36 billion in annualised payment volume.


      Trading firms typically use stablecoins as a settlement asset to move value between venues. PSPs and fintechs are embedding dollar wallets directly into their own products, so that their customers can hold, move and convert value without routing through correspondent banking.


      BVNK describes this as businesses using stablecoins as programmable dollars that operate outside banking hours, alongside rather than through traditional banking infrastructure.


      "Moving money across borders and between currencies has historically been slow and expensive. Businesses have relied on correspondent banking networks that can take days and add fees at every step. Stablecoin wallets change that - they act as a proxy for a global dollar account: a single balance a business can hold, move and convert anywhere, instantly, without waiting on banking hours or intermediaries. Businesses are no longer experimenting with stablecoins, they're rebuilding their payment infrastructure around them." - Chris Harmse, Co-Founder and Chief Business Officer, BVNK



      After-hours volume

      Half of all transactions on the platform now take place outside standard banking hours. After-hours activity rose from 24% to 31% of total volume year on year, with the value increasing from $2.65 billion to $8.83 billion. BVNK attributes the rise to larger, higher-value business flows settling outside traditional banking windows.



      Regional growth

      BVNK's 2025-2026 data shows that growth was fastest in markets where dollar access has historically been constrained:


      • Latin America pay-in volume grew 22x (led by Colombia, Argentina and Brazil);

      • UK pay-in volume grew 19x, UK pay-out volume grew 5.17x

      • APAC pay-out volume grew 3.4x

      • Africa pay-out volume grew 4x


      Corpay integration

      Corporate payments provider Corpay, which processes more than $12 billion in payments and $26 billion in foreign exchange each month across more than 145 currencies, has integrated BVNK's stablecoin wallets and settlement capability into its platform to provide 24/7 payment rails.


      Corpay reports that the integration has also reduced its reliance on pre-funded accounts and allowed faster movement of funds across its global footprint, lowering the amount of capital it needs to hold in advance across markets.


      Global HR and compliance platform Ontop, fintech platform Meow, and payments infrastructure provider TransferMate are among other BVNK clients building similar capability into their own platforms.


      Found this interesting? Become a member of LiquidityFinder, join the community and join the discussion - join here.

      We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Written By
      profile image formember on LiquidityFinder
      Founder & CEO, LiquidityFinder

      Founder of LiquidityFinder. 25+ years in Financial Markets technology. Now building the world's financial markets social network / marketplace.

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #BVNK#Stablecoins#PSPs

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      Theorem has integrated Symbiotic’s Liquid Lane RFQ network, letting holders of tokenised real-world assets trade against on-chain pool liquidity and market-maker quotes. The integration is live on Ethereum, with Midas’s yield-bearing mHYPER fund as the first supported asset. Holders can trade for the USDC stablecoin.

      just now

      FM Summit London 2026 returns to Old Billingsgate on 24 November for its 15th edition, with LMAX Group, Plus500 and oneZero among confirmed exhibitors. The one-day event adds Business Connect meetings and roundtables, and opens with a networking evening at The Folly on 23 November.

      just now

      Finance Magnates Summit London returns to Old Billingsgate on 24 November 2026 for its 15th edition. The one-day event brings together brokers, liquidity providers, institutional firms, trading technology vendors, payments businesses and digital asset firms.

      just now

      iSAM Securities Apex has integrated with Match-Prime, giving brokers access to liquidity across more than 2,000 instruments, with tailored pricing and up to 10 levels of market depth.

      just now

      propfunding.com's free-entry instant funding changes the order of prop funding. Start trading first. Its free-entry instant funding model offers two qualification attempts without an upfront activation fee.

      just now

      US stocks closed higher on Wednesday, with the Nasdaq gaining 1%, the S&P 500 rising 0.6%, and the Dow advancing 0.7%, as renewed enthusiasm for AI-related stocks lifted market sentiment.

      just now

      SpaceX went public in June as a rocket company. On October 20 it reported as something else entirely: an AI infrastructure business, financed by a satellite broadband network, with a launch division attached. Rockets generated 12% of third quarter revenue and lost money. The AI segment generated 52% of revenue and consumed 84% of capital expenditure. Starlink generated 85% of operating profit.

      just now

      Standard Chartered has signed definitive agreements to acquire 100% of Zodia Custody UK Limited, folding its regulated digital asset custody business into Securities Services. Zodia Solutions will be set up under SC Ventures with bank investors including Northern Trust, NAB Ventures, Emirates NBD and Investcorp.

      just now

      Bybit Fintech FZE has secured a Virtual Asset Service Provider licence from Dubai’s Virtual Assets Regulatory Authority for Exchange Services, covering spot trading. Bybit’s Peter Loo said the firm hopes to add derivatives, subject to regulatory approvals. Its international Dubai headquarters opened in 2022.

      just now
      Feed