PANews May 11 news, according to CoinDesk, payment company Corpay has teamed up with BVNK to introduce stablecoin wallets and settlement features for global enterprise clients. This allows them to view their stablecoin and fiat balances within the platform, as well as send, receive, store, and swap assets. Corpay will also utilize stablecoin payment channels in its own financial operations to reduce reliance on pre-funded accounts, enhance capital efficiency, and expedite global fund transfers. Additionally, Corpay has integrated blockchain settlement channels for some cross-border payments through JPMorgan's private blockchain Kinexys and BVNK's stablecoin infrastructure, running parallel to SWIFT, its own iACH network, and local real-time payments. BVNK previously partnered with Visa and was acquired by Mastercard for up to $1.8 billion.