Worldpay Now Offers USDC Stablecoin Alongside 135 Currencies in Partnership with BVNNK
Worldpay plans to start offering disbursements in USDC, a move expected to lead to a broader adoption of stablecoins as core commercial payment rails.The crypto platform’s new capability will allow clients in the U.S. an...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Worldpay plans to start offering disbursements in USDC, a move expected to lead to a broader adoption of stablecoins as core commercial payment rails.
The crypto platform’s new capability will allow clients in the U.S. and Europe to pay out funds in USDC, the dollar-pegged stablecoin issued by Circle. The expansion is powered by crypto infrastructure provider BVNK and backend connectivity from Fireblocks.
Regulatory Gaps Remain Despite Uptake
Businesses using Worldpay, including gig economy platforms and digital marketplaces, will now be able to issue stablecoin payouts alongside 135 traditional currencies.
Stablecoins are pegged to fiat currencies and designed to hold a stable value. They’ve gained momentum as businesses look for faster, cheaper alternatives to traditional remittance networks.
The recent uptick in stablecoin infrastructure, including Stripe’s $1.1 billion acquisition of Bridge, has intensified competition among major payment firms, Bloomberg reported.
Read more: Following Robinhood Deal Announcement, Bitstamp Launches Ethereum, Cardano Staking in UK
“We're bridging worlds here: Worldpay's vast merchant network and fiat capabilities with BVNK's embedded wallets and stablecoin infrastructure. Looking forward to working closely with the Worldpay team to bring this to market in H2,” Jesse Hemson-Struthers, the CEO of BVNK, commented.
This isn’t Worldpay’s first step into crypto payments. In 2022, it began offering USDC settlements to merchants in selected regions. Still, the company acknowledges that regulation and data compliance remain critical challenges to broader adoption.
Stablecoin Infrastructure Gains Traction
For now, Worldpay's addition of USDC positions it as part of a growing shift toward integrating blockchain-based assets into the fabric of financial services.
The firm reportedly processed nearly $2.5 trillion in transactions last year, and its pending acquisition by Global Payments, expected to close in 2026, could accelerate further integration of digital assets.
As stablecoins continue to evolve from niche instruments to operational tools for global businesses, traditional processors like Worldpay may play a decisive role in shaping the next phase of digital payments.
This article was written by Jared Kirui at www.financemagnates.com.Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Finance MagnatesRelated market context
Base emerges as a dominant force in stablecoin card payments
Base's rise in stablecoin card payments signals a shift towards mainstream crypto adoption, challenging traditional payment system...
TRON goes live on Fireblocks Flow, enabling stablecoin payments for 2,400+ institutions
The integration of TRON into Fireblocks Flow could significantly enhance institutional adoption of stablecoin payments, streamlini...
From MiCA to GENIUS: Why Crypto's Next Regulatory Test Is Cross-Border Coordination
The central debate in digital asset policy used to be whether to regulate at all. That question is now settled. MiCA's transitiona...
Israeli Bank Leumi to Debut Bitcoin Trading With Galaxy Digital
Bitcoin Magazine Israeli Bank Leumi to Debut Bitcoin Trading With Galaxy Digital Israel’s biggest bank, Bank Leumi, will become th...
Peso integrates with Yango Food to enable USDT payments for food delivery in Bolivia
The Peso-Yango Food integration in Bolivia exemplifies stablecoin's potential to ease currency constraints and enhance digital pay...
MoneyGram’s 60M-Customer Network Goes Live on Solana
Key Takeaways: MoneyGram Ramps has now launched on Solana via a single API. Multi-country services include cash to crypto and cryp...