PayDo, the all-in-one Electronic Money Institution (EMI), has entered into a new strategic partnership with BVNK, a global provider of stablecoin payment infrastructure. The collaboration is designed to enable PayDo’s vast business customer base to access seamless fiat-to-stablecoin conversion for pay-ins, payouts, and checkouts, significantly improving operational speed and flexibility without requiring businesses to directly handle or hold cryptocurrency.
By adding stablecoins to its broader payment stack, the platform aims to provide online businesses with a simplified and scalable solution for cross-border transactions. Specifically, the new capabilities allow users to top up their PayDo balances with stablecoins, which are then automatically converted to fiat in a single transaction. Conversely, users can send outgoing transfers by automatically converting their existing fiat balances into stablecoins at the point of payout. Furthermore, merchants can now actively accept crypto payments through their websites via a stablecoin checkout feature, with the resulting funds settling directly into their PayDo accounts in fiat.
Navigating high-volume cross-border payments
Currently, PayDo processes over €5billion annually for thousands of businesses worldwide. Its unified platform consolidates a wide array of essential financial services under a single API, including multi-currency accounts, direct SEPA and SWIFT transfers, merchant acquiring, card issuing, mass payouts, and pioneering Open Banking solutions.
The integration of stablecoins is expected to be especially beneficial to PayDo customers who operate in highly complex, high-volume, and time-sensitive cross-border environments, where traditional banking systems and correspondent networks frequently introduce delays and friction. Importantly, PayDo does not custody crypto assets at any point; all stablecoin transactions are automatically converted to fiat, ensuring that users benefit from rapid fiat settlement within a highly regulated framework while heavily reducing the need to independently manage crypto-related compliance processes.
Building a unified financial ecosystem
Serhii Zakharov, CEO and founder of PayDo, emphasized that these developments mark another critical step toward creating a truly unified, all-in-one financial ecosystem.
“BVNK’s infrastructure was crucial in reaching this balance between stablecoin flexibility and fiat stability,” Zakharov commented. “PayDo is looking forward to many more productive updates alongside our partners in the upcoming months.”
Chris Harmse, chief business officer and co-founder of BVNK, echoed this sentiment, highlighting the growing real-world utility of digital assets. He stated that the partnership unlocks massive new opportunities for business customers to move, hold, and settle funds more easily. Harmse noted that the collaboration serves as a prime example of how stablecoins are being rapidly adopted across traditional financial services as a highly practical, everyday tool for more efficient money movement.
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