Saturday, August 2, 2025
19.7 C
London
HomeBankingHighnote and BVNK Launch 24/7 Stablecoin Funding for Card Programs

Highnote and BVNK Launch 24/7 Stablecoin Funding for Card Programs

Date:

Barclays Exits the Net Zero Banking Alliance: What This Means for Sustainable Finance

Exploring the Implications of Barclays' Withdrawal from the Climate...

EBA Issues Alert on Money Laundering Risks in the Fintech Sector

Understanding the Growing Compliance Challenges for Fintech FirmsHighlights: The...

Hong Kong to Issue First Stablecoin Licenses in Early 2026

A New Era for Digital Currency Regulation in Hong...

The partnership enables real-time USD funding using stablecoins, eliminating banking hour constraints for global fintechs.

Highlights:

  • Instant USD Funding: Highnote users can now fund U.S. card programs in real time using stablecoins, with automatic conversion to dollars.
  • Global Accessibility: The 24/7 capability removes reliance on U.S. banking hours, empowering fintechs across time zones.
  • Operational Efficiency: This innovation streamlines disbursements for use cases like supplier payouts, expense reimbursements, and marketplace settlements.

Summary: Highnote, a platform for embedded finance and card issuance, has partnered with BVNK to introduce 24/7 stablecoin-based funding for card programs. This collaboration allows Highnote’s global customers to instantly fund U.S. program accounts in USD using stablecoins, bypassing traditional banking hour limitations.

The funds are automatically converted and deposited in real time, even on weekends and holidays. This move is especially beneficial for high-velocity financial operations and marks a significant step toward integrating digital assets into mainstream financial infrastructure.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories