B2B payments provider TransferMate is expanding its global network by integrating stablecoin capabilities through a new partnership with digital asset infrastructure platform BVNK.

The collaboration will enable TransferMate to offer stablecoin infrastructure across its global payment rails for the first time.

The company intends to deploy these digital asset options within sectors such as global payroll, e-commerce marketplaces, and education.

TransferMate operates a regulated fintech payments infrastructure holding more than 100 regulatory licenses across the Asia-Pacific, the Americas, and Europe.

By introducing stablecoin payments tied to the value of traditional fiat currencies like the US dollar and euro, the company aims to offer alternative settlement rails without the volatility found in other cryptocurrencies.

The integration utilises BVNK’s embedded wallet and payment infrastructure to provide on-ramps and off-ramps for digital assets.

This structure allows enterprise clients to access stablecoin payment rails within their existing workflows, reducing friction during international transactions.

A primary area of application for the new service is the international education market, where TransferMate manages tuition payments.

Educational institutions will be able to accept tuition fees from international students via stablecoins, offering an alternative to traditional cross-border banking methods.

Gary Conroy, President and Chief Commercial Officer at TransferMate, said the partnership represents the company’s first move into digital assets.

“Stablecoins have the potential to improve cross-border B2B payments,”

Conroy said.

“Sectors where speed, transparency, and cost-efficiency are critical will benefit, alongside challenging markets like Africa and LATAM, where fiat cross-border payments face friction and high costs.”

The integration aims to provide faster transaction speeds and broader settlement options for business clients.

“By working with BVNK, TransferMate is opening up choice and improving speed for its customers,”

said Chris Harmse, Co-founder and Chief Business Officer at BVNK.

“We’re particularly excited about their plans for the education vertical.”

TransferMate plans to roll out the new stablecoin capabilities to its corporate customers over the coming months.

Featured image credit: Edited by Fintech News Switzerland, based on image by TransferMate