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BVNK, a financial technology company, has unveiled the introduction of the world’s first embedded B2B payment solution that integrates traditional currencies and stablecoins, specifically tailored for international transactions.
A newly launched embedded wallet by BVNK supports fiat currencies (USD, EUR, and GBP) as well as stablecoins (USDC, USDT, and others), enabling 24/7/365 real-time payment processing. The platform focuses on global payments, providing the capability to automatically convert assets and access international payment systems.
BVNK guarantees compliance with KYB/C regulations and ensures the security of funds by acting as both the custodian and the payment processing service. The wallet’s functionality allows for automatic conversion between stablecoins and fiat currencies on both the input and output sides, eliminating the need to hold cryptocurrency directly in the account.
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The BVNK infrastructure supports traditional payment systems such as ACH Network, Fedwire, SEPA, SWIFT, and Faster Payments Service for conventional transactions, while also offering direct access to blockchains like Bitcoin, Ethereum, Solana, XRP Ledger, and others.
The adaptable API integration enables businesses to utilize BVNK’s payment infrastructure under their own branding. This solution is targeted at financial and cryptocurrency platforms, FinTech companies, neobanks, payment service providers (PSP), and organizations engaged in mass payouts.
“We observe an increasing number of FinTech companies ready to cater to customers interested in cryptocurrencies, further promoting digital asset adoption and making them accessible to businesses across various sectors that may lack expertise in this area but are beginning to recognize the importance of digital assets in maintaining competitiveness,” stated Max Krupyshev, CEO of CoinsPaid, during the Objective Driven FinTech podcast.
In July 2024, BVNK announced the launch of Layer1, a self-service payment infrastructure for stablecoin transactions, allowing businesses to independently store assets and integrate the payment infrastructure into their platforms with fewer than 200 lines of code.
Сообщение BVNK Launches B2B Fee Answer Supporting Fiat and Stablecoins появились сначала на CoinsPaid Media.
