PayDo and BVNK Partner to Enable Instant Stablecoin Payments for Businesses

PayDo has teamed up with BVNK to introduce stablecoin support for its payment services. The new feature allows customers to convert between fiat and stablecoins instantly. Businesses handling large volumes of cross-border transactions are expected to benefit the most from this update. The partnership enables PayDo users to send and receive funds using stablecoins without directly holding crypto. When customers top up their balance with stablecoins, the system automatically converts them into fiat. The same process applies to outgoing transfers, where fiat is converted into stablecoins in one step.

Merchants can now accept crypto payments on their websites, with funds settling directly into their PayDo accounts as fiat. This removes the need for manual conversions and simplifies transactions. PayDo, which processes over €5 billion annually for thousands of businesses, sees this as a way to improve speed and efficiency for high-volume, time-sensitive payments.

Chris Harmse, Chief Business Officer and Co-Founder of BVNK, noted that stablecoins are increasingly used for faster and more efficient money transfers. Serhii Zakharov, CEO and Founder of PayDo, described the collaboration as a move toward building a seamless financial ecosystem. The update aims to provide greater interoperability for customers relying on blockchain-based transactions. The integration of stablecoins into PayDo’s platform offers a quicker alternative for cross-border payments. Customers gain access to a streamlined process, converting between fiat and stablecoins without extra steps. The change reflects growing demand for efficient, blockchain-powered financial solutions.