Deep Tide TechFlow News, May 11, according to The Block, S&P 500 component payment company Corpay (NYSE: CPAY) announced a partnership with stablecoin infrastructure platform BVNK to integrate stablecoin wallets and settlement features into its global payment network. Users can directly store, exchange, and transfer stablecoins through the Corpay platform, with stablecoin balances displayed alongside fiat currency balances.



In addition, Corpay will incorporate the stablecoin payment track into its fund management operations to reduce reliance on pre-funded accounts and enable 24/7 settlement capabilities. Corpay currently processes over $12 billion in corporate payments monthly, with foreign exchange transactions totaling approximately $26 billion per month, supporting over 145 currencies.
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