Worldpay® and BVNK today announced they are working together to enable nearly instant global payouts in stablecoins for Worldpay clients in the U.S. and Europe. This collaboration will enable Worldpay’s clients to pay out to customers, contractors, creators, sellers, and other 3rd party beneficiaries in stablecoins across more than 180 markets nearly instantly, all without having to hold or handle stablecoins themselves.

Worldpay clients will be able to access this new stablecoin payout service through their existing integration with Worldpay’s payouts platform. Stablecoins will be the first type of digital asset enabled as a payout option on Worldpay’s payout platform, complementing the existing 135 fiat currencies currently available. 

This is the latest step from Worldpay to integrate stablecoins into its payment services. In 2022, Worldpay began offering merchants in select geographies the ability to receive settlements in the stablecoin USDC. In 2023, Worldpay completed a pilot with Visa to receive funds more quickly from the network. Now, Worldpay will be enabling stablecoin payouts with BVNK, furthering its capabilities to support merchant demand for the burgeoning technology.

John McNaught, head of payouts at Worldpay, said: “As confidence in emerging technologies like crypto and digital assets grows, clients are increasingly open to using stablecoins to streamline payouts, navigate currency fluctuations, and settle with third parties in regions where digital assets are preferred. Our new stablecoin payout service allows clients across all Worldpay's verticals—such as marketplaces, travel, and gaming—to make seamless payouts without handling digital assets themselves. We are delighted to work with BVNK to bring this enterprise-grade stablecoin payout solution to market. With a history of delivering innovative payout solutions, we are excited to meet the rising interest from clients seeking faster, more efficient global payment methods.”

Jesse Hemson-Struthers, co-founder and CEO at BVNK, added: “Stablecoins are unlocking a new paradigm for global cross-border payments, offering benefits in speed, transparency, and accessibility versus traditional financial infrastructure, with around $5.7 trillion of stablecoin payments made in 2024. However, interacting with crypto and blockchain technology can be daunting, which has limited adoption historically. When trusted providers like BVNK and Worldpay work together, we can simplify some of the complexity and bring modern, efficient payments options – on high-speed payment rails – to businesses across the globe.”

The pilot is expected to go live in H2 2025. For more details on Worldpay’s payout solutions visit: Payouts: Simplified Processing Solutions | Worldpay