PayDo and BVNK Partner to Enable Stablecoin Payments for Global Businesses
PayDo and BVNK Partner to Enable Stablecoin Payments for Global Businesses
PayDo, an Electronic Money Institution, has teamed up with BVNK to introduce stablecoin payment options for its users. The new partnership allows businesses to handle transactions in stablecoins while settling funds in traditional currency. Both companies aim to streamline cross-border payments with faster and more efficient solutions. The collaboration lets PayDo customers top up their accounts using stablecoins, which instantly convert to fiat in one seamless transaction. Similarly, outgoing transfers can be made by converting fiat into stablecoins without manual steps. This system ensures speed, efficiency, and interoperability for users.
PayDo does not hold crypto assets itself. Instead, all stablecoin transactions are automatically processed into fiat, removing complexity for merchants. Businesses can now accept crypto payments on their websites while receiving settled funds in their PayDo accounts in traditional currency.
The service is particularly useful for companies operating in cross-border, high-volume, or time-sensitive markets. PayDo already processes over €5 billion annually for thousands of global businesses, and this new feature further simplifies international transactions.
Serhii Zakharov, CEO and Founder of PayDo, described the partnership as a move towards a unified financial ecosystem. Chris Harmse, Chief Business Officer and Co-Founder of BVNK, added that stablecoins are increasingly seen as a practical tool for efficient money movement. The integration of stablecoin payments expands PayDo’s offerings for global businesses. Customers can now handle pay-ins, payouts, and checkouts in stablecoins while avoiding direct crypto exposure. The partnership with BVNK reinforces PayDo’s focus on fast, scalable, and borderless financial solutions.
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