Worldpay Teams Up With BVNK to Offer USDC Stablecoin Payouts

Payments processing firm Worldpay will allow customers in the US and Europe to make disbursements with Circle Internet Financial’s USDC stablecoin.

Worldpay, which is being acquired by Global Payments Inc., processed nearly $2.5 trillion in payments last year. Infrastructure provider BVNK will enable the new stablecoin offering and crypto firm Fireblocks’ integration services will help facilitate the connection to Worldpay. The processor is used by businesses that need to disburse funds to individuals around the world like online marketplaces paying out sellers or a company employing gig workers. Worldpay’s payout platform currently supports 135 traditional currencies.