PayDo and BVNK Launch Instant Fiat-to-Stablecoin Payments for Businesses

PayDo, a global payment processor handling over €5 billion annually, has teamed up with BVNK to introduce fiat-to-stablecoin conversions. The new service allows businesses to accept crypto payments while settling funds in traditional currency. Both companies aim to streamline cross-border transactions with faster, blockchain-based solutions. The partnership enables PayDo customers to convert fiat balances into stablecoins for outgoing transfers in a single step. Merchants can now accept crypto payments on their websites, with funds automatically settled in fiat within their PayDo accounts. The system avoids direct crypto custody, converting all stablecoin transactions to fiat immediately.

Serhii Zakharov, CEO and founder of PayDo, described the collaboration as a move toward a unified financial ecosystem. He highlighted the benefits of combining traditional and digital payment methods. Chris Harmse, Chief Business Officer and co-founder of BVNK, noted that stablecoins are increasingly used for efficient money transfers, especially in high-volume and time-sensitive scenarios. The integration is designed to improve speed, efficiency, and interoperability for businesses dealing with cross-border payments. Customers can also top up their PayDo balances using stablecoins, which convert to fiat instantly. This feature targets companies needing rapid, blockchain-powered transactions without handling crypto directly.

The new service expands PayDo’s offerings by blending fiat and stablecoin transactions. Businesses gain access to faster, more flexible payment options while avoiding direct exposure to crypto volatility. The partnership reflects growing demand for hybrid financial solutions in global commerce.