Corpay, a major corporate payments company, has entered into blockchain infrastructure agreements with JPMorgan and BVNK to add blockchain-based settlement to its cross-border payments platform. Under the deal, Corpay will use JPMorgan’s Kinexys private blockchain for tokenized fiat settlement and BVNK’s infrastructure for stablecoin interoperability, enabling 24/7 stablecoin and tokenized fiat disbursements across selected payment corridors. The move extends Corpay Cross-Border’s existing “multi-rail” architecture—which already includes SWIFT, Corpay’s proprietary iACH network, and various real-time local payment schemes—by adding both private and public blockchain rails as additional settlement options. Clients will be able to access these new methods through a single integrated interface, including stablecoin wallets showing balances alongside traditional fiat accounts, and the ability to send, receive, store, and convert stablecoins without leaving Corpay’s platform. Corpay is also applying these rails to its own treasury operations to reduce pre-funded account requirements and improve capital efficiency. Strategically, the partnerships reflect a broader industry trend toward combining legacy payment systems with digital-asset rails to improve speed, flexibility, and always-on settlement in cross-border transactions. By working with JPMorgan’s Kinexys and BVNK rather than building its own blockchain stack, Corpay positions itself to compete in an environment where corporate clients increasingly expect 24/7 settlement and more efficient capital usage. Corpay has signaled it will further explain the implications of this digital-asset strategy in a dedicated cross-border “teach-in,” underscoring that blockchain and stablecoins are becoming core infrastructure rather than experimental add-ons in corporate payments.

AI-generated background, compiled from web sources — not editorial content.

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