S&P 500 firm Corpay announced on May 11, 2026 that it is integrating stablecoin wallets and 24/7 settlement into its platform via a partnership with BVNK, giving more than 800,000 corporate clients always-on payment rails. Corpay processes more than $12 billion in corporate payments monthly. Mastercard plans to acquire BVNK in a deal that could reach $1.8 billion by the end of 2026.
Corpay stablecoin integration
- ▪Corpay customers will be able to send, receive, store and convert stablecoins without leaving the Corpay interface
- ▪Corpay customers will be able to keep stablecoin balances alongside fiat currencies
- ▪Corpay announced on May 11, 2026 that Corpay is integrating stablecoin wallets and settlement into Corpay's global platform
- ▪Corpay's stablecoin integration will give Corpay's more than 800,000 business clients payment rails that are open 24 hours a day, seven days a week
- ▪Corpay processes more than $12 billion in corporate payments each month
- ▪Corpay handles approximately $26 billion in foreign exchange volume across over 145 currencies
BVNK partnership details
- ▪Mark Frey is Group President of Corpay Cross-Border Solutions
Mastercard acquisition plans
- ▪Mastercard announced plans to acquire BVNK in a deal that could reach $1.8 billion by the time the deal closes at the end of 2026
- ▪Corpay trades on the New York Stock Exchange under the ticker symbol CPAY
- ▪Mastercard CEO Michael Miebach discussed the BVNK acquisition during Mastercard's Q1 2026 earnings call
Institutional investor backing
- ▪Citigroup started backing BVNK in October 2025
- ▪Visa Ventures, the investment arm of Visa, has invested in BVNK
Corporate stablecoin adoption trends
- ▪Citi raised its stablecoin market forecast in September 2025
- ▪Dollar pegged stablecoin supply has reached $301 billion
- ▪Visa now has more than 160 stablecoin card programs running globally
- ▪Visa recorded a $7 billion annual run rate in stablecoin settlement volume during Visa's most recent earnings call
- ▪Circle's USDC sits at approximately $77 billion
- ▪Visa's stablecoin settlement volume jumped 50% quarter over quarter
- ▪Tether's USDT accounts for $189.6 billion of total dollar pegged stablecoin supply
- ▪Citi projected the stablecoin sector could hit $4 trillion by 2030 under a bullish scenario
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