BVNK and LianLian Global partnered to enable merchants to use major stablecoins for cross-border transactions, reducing settlement times from days to minutes.
The collaboration combines LianLian Global’s local currency expertise and merchant network with BVNK’s stablecoin infrastructure for auto-conversion to U.S. dollars.
Merchants deposit stablecoins, which BVNK converts to U.S. dollars, and LianLian Global routes the dollars through its global network, offering this capability to their customers.
The partnership aims to address the inefficiencies of traditional cross-border payments by providing faster, more efficient, and cost-effective solutions to businesses.