Stablecoins Everywhere: BVNK Crosses $20B in Volume

Hey Payments Fanatic!

It feels like every day brings another stablecoin headline, and for good reason.

It’s the buzzword of the industry right now, and you can bet it’ll dominate the chatter at Money20/20 in Vegas later this month 🤣

Today’s milestone comes from BVNK, which just crossed $20 billion in annualized processing volume — not bad for a company that launched in late 2021.

With customers like Worldpay, Deel, Rapyd, and Bitso, plus backing from Visa and Coinbase Ventures, BVNK has quickly cemented itself as a key player in stablecoin infrastructure.

One-third of its volume now comes from the U.S., where expansion has accelerated since securing full 50-state coverage earlier this year.

The message from CEO Jesse Hemson-Struthers is clear: stablecoin-powered payments aren’t a theory anymore — they’re happening at scale.

Have a great weekend!

Cheers,

Marcel

PODCAST 

🎤 Lex Sokolin on Robo-Advisors, MetaMask, and Stablecoins. In the latest episode, DashDevs CEO Igor Tomych sits down with Lex Sokolin to explore his influential journey through FinTech, from launching one of the first U.S. robo-advisors in 2009 to scaling MetaMask to over 100 million users. Watch the full podcast here

NEWS

🇬🇧 BVNK surpasses $20bn in annualized processing volume. BVNK CEO Jesse Hemson-Struthers stated that the company is turning stablecoin-powered payments into a reality, highlighting that in just four years, BVNK has built infrastructure enabling businesses and their customers to transact securely and seamlessly across borders.

🇵🇹 CellPoint Digital showcases One Source Orchestration at World Aviation Festival. Next week, CellPoint will attend the World Aviation Festival in Lisbon as a sponsor of one of the travel industry’s premier events. It will spotlight its OSO platform, which enables travel merchants to orchestrate, optimise, and manage the full payment journey, empowering agile, offer-driven commerce.

🌍 payabl. joins the European Payments Initiative to expand Wero access for merchants and PSPs. By integrating as a direct acquirer, payabl. enables merchants, as well as other payment service providers, across Europe to offer instant, secure account-to-account payments, cutting costs at checkout while giving customers the speed and convenience they demand.

🇬🇧 Ecommpay reinforces its retail credentials with a Silver win at the eCommerce Awards and a shortlisting in the RTIH Payments Innovation Awards. The eCommerce Awards aim to recognize initiatives and products that drive progress in the online retail sector. Ecommpay's Silver award highlights features it has added to its payment journey, including a 'Try again' option for failed payments and a dynamic listing of currency choices.

🇬🇧 Ecommpay launches Scalable Open Banking Suite. Ecommpay has launched a new open banking ecosystem, offering instant, secure, and scalable payment solutions with 85% coverage across the EEA and UK. The suite includes three products: Standard A2A, Open Banking Advanced, and Open Banking Select.

🇪🇸 Getnet CEO shares insights in the Capgemini World Payments Report 2026. His perspective highlights how these innovations help merchants scale securely, expand globally, and enhance customer experiences. Getnet remains committed to driving innovation and shaping the future of payments.

🇨🇦 Mastercard launches Small Business Navigator in Canada to enable small business resilience. The suite of resources offers free economic insights, cost-saving opportunities, and cybersecurity resources, reinforcing Mastercard's commitment to the small business community that goes far beyond payments.

🇧🇷 Binance and Mastercard Launch Crypto Card in Brazil. The Binance Mastercard allows registered users to make purchases using cryptocurrencies from their wallets at over 150 million Mastercard-accepting establishments worldwide. Through a streamlined process, users can use the Binance platform to convert cryptocurrencies.

🇦🇪 Nium and Emirates NBD Expand Real-Time Payments in the UAE and Plan Saudi Launch. Yousuf Saeed Mohd, Group Head of Priority and Personal Banking and Retail Banking Sales at Emirates NBD, emphasized the bank’s commitment to innovation, stating that its growing partnership with Nium enhances the delivery of fast, secure, and affordable remittance services across multiple markets.

🇨🇳 Worldline and YeePay sign a strategic partnership to unlock cross-border payment opportunities in China’s aviation and travel sector. Travellers, in turn, will be able to pay using their preferred methods, whether local card schemes, international credit cards, or digital wallets, reducing friction and supporting the growth of cross-border air travel.

🇬🇧 Payments unicorn Zeller expands into the UK market. Zeller, a Melbourne payments start-up valued at $1 billion, will spend $20 million over the next year to fund an aggressive expansion into the United Kingdom, its first international market. Keep reading

🇬🇧 Corpay joins the UK’s elite faster payments service, a milestone that reinforces Corpay’s commitment to enhancing its global payments infrastructure while delivering faster and more efficient service for clients operating in GBP. With this new capability, clients can now directly benefit from Faster Payments within the UK.

🇮🇩 Honest expands equity funding to $100M. The company will use the new capital to expand its flagship Honest Card into corporate and co-branded cards, drawing inspiration from Nubank, Ramp, and Imprint in the Americas, but designed for Asia.

🌍 MoneyGram and Plaid expand open banking partnership to Europe. Following its successful U.S. launch, the integration now enables MoneyGram customers in Europe to easily connect and authenticate their bank accounts through Plaid's trusted open banking technology, providing a new seamless and secure option to fund international payments across key European markets.

🇦🇺 John Cox has been appointed CEO of Sydney-based payments company Linkly. He said Linkly appealed to him as it combines technology, banking, and retail, aligning perfectly with his career background, and noted the company’s widespread presence in everyday transactions.

🇬🇧 SumUp names Luke Griffiths UK CEO. Griffiths will oversee SumUp’s strategic expansion into new verticals and champion the rollout of an ever-broader product ecosystem designed to empower merchants of all sizes. Read more

🇸🇦 Thunes and Banque Saudi Fransi ally to revolutionize cross-border payments. This collaboration will enable BSF consumers and businesses to send fast, affordable, and secure international money transfers with real-time speed and an enhanced customer experience.

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