Paysend Partners with BVNK to Expand Stablecoin Payments

Hey Payments Fanatic!

Paysend has partnered with BVNK to introduce stablecoin payments and settlement capabilities across its consumer and enterprise platforms.

For Paysend, the partnership represents a strategic step toward expanding its digital payments ecosystem and reinforcing its position in the cross-border payments market. For BVNK, it is an indicator of continued demand for stablecoin infrastructure.

Delivering trusted, scalable interoperability (connecting legacy systems, fiat, and multi-chain digital currencies) is now the critical priority. 

Payment providers that master this integration early will gain a massive head start in the race to make tomorrow’s cross-border payments better, faster, and cheaper.

Last Wednesday, we covered Mastercard’s acquisition of BVNK, and today’s news is more proof that the industry’s biggest players are betting on hybrid finance.

Keep scrolling 👇 There’s more updates across the Payments landscape below. I will be back tomorrow in your inbox.

Cheers,

Marcel

NEWS

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🌍 Paysend partners with BVNK to expand stablecoin payments and cross-border settlement. By integrating stablecoin rails, Paysend aims to enhance the speed and flexibility of its global payments network, which already spans more than 170 countries and supports over 80 currencies.

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GOLDEN NUGGET

𝐅𝐢𝐚𝐭 𝐑𝐚𝐢𝐥𝐬 𝐯𝐬 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐑𝐚𝐢𝐥𝐬 — 𝐰𝐡𝐚𝐭 𝐜𝐫𝐲𝐩𝐭𝐨 𝐜𝐚𝐫𝐝𝐬 𝐚𝐫𝐞 𝐫𝐞𝐚𝐥𝐥𝐲 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 👇 Created by Arthur Bedel 💳 ♻️

At checkout, everything looks the same.

↳ Tap. Approve. Done.

But behind the scenes, the settlement path can be completely different... and that's what stablecoin/crypto cards are really changing:

→ Not the user experience...

↳ The 𝐫𝐚𝐢𝐥𝐬.

1️⃣ Most "crypto cards" still settle like traditional cards:

→ user pays

→ issuer converts assets to fiat

→ merchant receives fiat

→ settlement happens on fiat rails (T+1 / T+2)

So yes, it works globally. But it still inherits the classic constraints:

↳ timing, intermediaries, cost, and conversion friction.

2️⃣ Now compare that with 𝐬𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐬𝐞𝐭𝐭𝐥𝐞𝐦𝐞𝐧𝐭:

→ user pays

→ stablecoins are routed to a merchant wallet (i.e. Dfns)

→ settlement happens on supported blockchain rails

→ merchant receives stablecoins (often T+0)

= Same card swipe.

↳ Completely different settlement engine and once settlement becomes programmable, the implications get wild:

✔️ faster merchant access to funds

✔️ new treasury + liquidity models

✔️ real-time cross-border settlement

✔️ lower operational friction (reconciliation, prefunding, trapped cash)

✔️ stablecoins becoming a real global liquidity layer

This is also where the "modern stack" shows up: you need secure wallet infrastructure and policy controls to move value at scale. Platforms like Dfns are becoming critical infrastructure for #issuers and #fintechs to manage wallets, keys, permissions, and transaction governance behind these flows.

"𝐀𝐥𝐥 𝐜𝐚𝐫𝐝𝐬 𝐚𝐫𝐞 𝐧𝐨𝐭 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞" → crypto cards" are not all built the same. The differences matter:

→ 𝐜𝐫𝐞𝐝𝐢𝐭 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 (debit / prepaid / credit)

→ 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 (prefunded vs sell-at-transaction-time)

→ 𝐜𝐮𝐬𝐭𝐨𝐝𝐲 (custodial vs non-custodial)

→ 𝐚𝐬𝐬𝐞𝐭 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 (stablecoins vs multi-asset vs yield-bearing)

→ 𝐢𝐬𝐬𝐮𝐞𝐫 𝐭𝐲𝐩𝐞 (exchange, neobank, protocol, fintech)

In other words:

2 cards can look identical in a wallet...

↳ but behave completely differently in settlement, economics, and risk.

And on the merchant side, we're also seeing new models emerge — like Breeze — rethinking how merchants can accept and settle using stablecoin rails (and what "Merchant-Of-Record" can look like in a programmable world).

🚨 One stat in this infographic that jumped out:

↳ Visa now represents 𝐨𝐯𝐞𝐫 𝟗𝟎% of onchain card volume.

That's a big signal that stablecoin settlement through card distribution is scaling fast and that networks are taking this seriously.

↳

𝐌𝐲 𝐭𝐚𝐤𝐞:

1️⃣ Cards are still the best distribution layer in payments.

2️⃣ Stablecoins are becoming the best settlement layer.

3️⃣ Stablecoin / Crypto cards are simply the bridge between the two.

Source: Artemis

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