BVNK Enables Instant Stablecoin-to-USD Conversion in Global Merchant Rollout
BVNK has partnered with LianLian Global to facilitate stablecoin payments in over 100 countries. BVNK’s technology automatically converts stablecoin deposits into US dollars, streamlining cross-border transactions.
The collaboration enhances the financial infrastructure, connecting over 130 local currencies through LianLian’s global network. BVNK, based in London, integrates its automated stablecoin-to-USD conversion system with LianLian Global, a major cross-border payment platform in Asia. This innovation aims to democratize global payments through stablecoins, eliminating traditional financial system inefficiencies.
LianLian Global has been accepting blockchain solutions since 2022, leveraging Ripple’s technology for faster transactions. This partnership enables ecommerce clients and online markets to convert digital assets into instant liquidity, improving operational efficiency.
With the global stablecoin market projected to reach $3 trillion by 2030, partnerships like BVNK and LianLian’s demonstrate the practicality of stablecoins in facilitating international commerce.