MiFinity Brings Stablecoin Payouts to Merchants Worldwide
Global payments provider MiFinity has launched PayAnyCoin, a stablecoin payout service for merchants in partnership with BVNK. This new service offers businesses an alternative cross-border settlement route that complements traditional banking rails.
PayAnyCoin operates alongside MiFinity's existing bank and card payout services, supporting near-instant settlement through 24/7 blockchain payment rails across multiple blockchain networks.
Mastercard entered into a definitive agreement to acquire BVNK for up to US$1.8 billion earlier this year, with BVNK providing the underlying blockchain infrastructure for the service.