PayDo Partners BVNK to Launch Custody-Free Stablecoin Services
PayDo, the all-in-one Electronic Money Institution (EMI), has announced a new strategic partnership with BVNK, a global stablecoin payment infrastructure provider. The deal is already turning heads in the payments industry, and for good reason.
The agreement makes PayDo BVNK stablecoin payments a reality for thousands of businesses, letting them tap into the speed of crypto rails without the headache of managing digital assets themselves. The new capabilities allow users to top up their PayDo balances using stablecoins, which are then automatically converted to fiat in a single transaction. On the flip side, outgoing transfers can be executed by converting existing fiat balances into stablecoins at the point of payout.
Merchants also get a notable upgrade. They can now accept crypto payments through their websites via a stablecoin checkout feature, with funds settling directly into their PayDo accounts in fiat, a clean, frictionless experience that removes the need to operate a separate crypto infrastructure.
PayDo currently processes over €5 billion annually for thousands of businesses worldwide. Its unified platform consolidates multi-currency accounts, SEPA and SWIFT transfers, merchant acquiring, card issuing, mass payouts, and Open Banking solutions under a single API. Adding stablecoin functionality to that stack makes the offering considerably more compelling for operators in fast-moving, high-volume industries.
The integration is particularly targeted at customers working in complex, time-sensitive cross-border environments where traditional banking and correspondent networks often introduce delays and friction. Stablecoins, with their near-instant settlement, are a natural fit for those pain points.
Critically, the design of the partnership removes one of the biggest barriers to business adoption of crypto payments. PayDo does not custody crypto assets at any point, all stablecoin transactions are automatically converted to fiat, meaning users benefit from fast settlement within a regulated framework while significantly reducing the compliance burden typically associated with crypto.
Serhii Zakharov, CEO and founder of PayDo, described the move as a key step toward building a truly all-in-one financial ecosystem. “BVNK’s infrastructure was crucial in reaching this balance between stablecoin flexibility and fiat stability,” Zakharov said, adding that PayDo looks forward to more developments with its partners in the coming months.
Chris Harmse, chief business officer and co-founder of BVNK, pointed to the broader significance of the deal. He noted that the partnership unlocks major new opportunities for business customers to move, hold, and settle funds more easily, and called it a prime example of how stablecoins are being adopted across traditional financial services as a practical, everyday tool for more efficient money movement.
The PayDo BVNK stablecoin payments partnership signals something broader than one product feature, it reflects a fast-growing appetite among established fintech platforms to weave digital asset capabilities into everyday business finance, on terms that don’t require their customers to become crypto experts.
