Pay out to local bank accounts from stablecoin balances on BVNK

When you pay people and companies across borders, it often involves a balancing act. For the sender, managing payouts means stitching together regional providers, dealing with inconsistent settlement times, and managing corridor complexity.

For the recipient, the priority is to get paid the way they want. For some international workers and suppliers that might mean holding digital dollars. But for many, it simply means money landing in their local bank account, in their local currency, in time to pay the bills.

That’s why we built Mastercard Global Money Platform, the full-stack infrastructure layer for modern money movement. By connecting our stablecoin engine with Mastercard Move – Mastercard’s global payout capabilities reaching more than 17 billion endpoints – customers can now hold stablecoins and fiat, and pay out in either, through a single integration.

Unlocking local bank settlement

Traditionally, supporting global payments meant juggling multiple vendors: one for digital asset custody, another for fiat bank accounts, and separate regional providers for local currency rails.

BVNK replaces that fragmented stack with a single operating layer. Through one integration, you can now manage multi-currency fiat and stablecoin wallets, automate conversions, and execute local payouts globally.

Through our native integration with Mastercard Move, you can turn digital balances into local currency payments directly into recipients’ domestic bank accounts – starting with 11 high-demand currencies and expanding to 40+ throughout 2027.

Local bank payouts are available for your own business and for your customers:

• Direct operations: Streamline treasury and international payments, fund payouts from central balances and deliver local currency directly to overseas vendors, partners, or remote teams.

• Embedded: Embed multi-currency accounts and payout rails directly into your own applications, so your customers can hold balances and disburse funds locally around the world.

How it works

1. Hold and manage centrally: Hold balances in USD, EUR, GBP, stablecoins or crypto in a unified global money account.
   

2. Automatic conversions: Initiate the payout via API or through our merchant portal, BVNK converts stablecoin balances and routes fiat payments directly through Mastercard’s network.
   

3. Local delivery: Funds land straight in the beneficiary’s local bank account using native domestic rails with future capabilities expanding to push-to-card and mobile wallet endpoints.

Use case: platform and marketplace payouts

Consider a global tech platform who needs to pay cross-border creators and suppliers across Latin America and Asia-Pacific.

With Mastercard Global Money Platform, they can use their stablecoin balance to pay a supplier in Mexico or a creator in the Philippines near-instantly: the recipient can choose to receive stablecoins directly, or get paid into their bank account in MXN or PHP. If they choose local currency, they receive it on familiar domestic rails, while the tech platform manages everything through one contract and one integration.

Local currency payouts are initially available across 11 markets, including:

• Latin America: MXN (Mexico), BRL (Brazil), ARS (Argentina), COP (Colombia), CLP (Chile)

• North America: USD (USA) CAD (Canada)

• Asia-Pacific: PHP (Philippines), KRW (South Korea)

• Europe: GBP (UK), EUR (EU)

Throughout 2027, we’ll be expanding coverage to more than 40 currencies across 200-plus countries and territories.

One platform for every form of money

Connecting digital assets to the real economy shouldn't require stitching together separate providers. By combining our stablecoin engine with Mastercard’s global payment capabilities, platforms can meet their partners and customers wherever they are, moving value from on-chain wallets all the way through the last mile.