BVNK Adds Stellar Blockchain to Stablecoin Platform

BVNK has expanded its stablecoin payments platform to include the Stellar blockchain. This integration allows businesses to use Stellar for cross-border payments, merchant payouts, and treasury transfers.

The move is part of BVNK's multi-chain approach, which enables businesses to connect to different blockchain networks without building separate integrations.

According to BVNK, the Stellar network processed $55.6 billion in payment volume in 2022, with average settlement taking about five seconds and transaction fees costing a fraction of a cent.