Barcelona, Spain – BVNK, a payments infrastructure provider, has teamed up with Circle to expand the use of USDC for global business payments. This partnership will enable BVNK’s customers to take full advantage of USDC’s speed and reliability for multiple payment scenarios, including global payroll, contractor payouts, and large-scale customer payments.
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USDC, a fully reserved dollar-backed stablecoin, offers fast, secure, and transparent payment options, making it an attractive solution for businesses needing cross-border efficiency. With USDC’s compliance under the EU’s Markets in Crypto-Assets Regulation (MiCA), BVNK’s European clients can easily adopt this digital currency for international transactions, reducing costs and improving transaction speeds.
Chris Harmse, Co-founder and Chief Business Officer at BVNK, emphasized the importance of this partnership:
“As businesses continue to expand their global reach, traditional payment methods often fall short. Our partnership with Circle allows us to streamline cross-border payments with USDC, addressing growing demand for fast, secure, and cost-effective payment options.”
Chris Harmse, Co-founder and Chief Business Officer at BVNK
Kash Razzaghi, Chief Business Officer of Circle, added: “By collaborating with BVNK, we are extending the benefits of USDC to innovative businesses that need flexible, internet-native payment solutions.”
Together, BVNK and Circle aim to meet the increasing demand for faster, more efficient global payments, while ensuring compliance with international regulations.
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About BVNK
BVNK provides cutting-edge payments infrastructure for businesses, combining banking and blockchain technology in one platform. BVNK allows companies to send, receive, and convert stablecoin payments easily while complying with global standards.
About Circle
Circle is a global financial tech firm and the issuer of USDC and EURC. Its mission is to make digital currency payments seamless and accessible for businesses worldwide through regulated and trusted platforms. Learn more at circle.com.
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