This post was originally published on The FinTech Times
Payments provider Equals Money x Railsr is partnering with stablecoin infrastructure firm BVNK to enable its business customers to accept USDC stablecoin payments that are automatically converted into US dollars. The move allows businesses to tap into crypto-native customer flows while mitigating the complexity and compliance friction of holding digital assets directly.
The functionality, which routes funds through BVNK’s infrastructure for near-instant conversion, allows merchants to receive USD in their account balance in as little as thirty seconds. This rapid, fiat-settled model is positioned to support a range of international businesses, including e-commerce companies and accountants, looking for faster, more flexible global payment options.
Speaking to The Fintech Times, James Simcox, Chief Operations and Product Officer at Equals Money x Railsr, provided a deep dive into the practical implications of this partnership for mainstream stablecoin adoption, particularly focusing on the efficiency benefits over conventional methods.
Simcox explained that while fees on USDC transactions, generally falling in the 10-50bps range across the industry, are comparable to what a business might expect from a UK or EU-regulated consumer card, the true advantage is realised elsewhere. He clarifies that USDC is not a direct competitor to cards, but rather an alternative for a business that needs
— Read the rest of this post, which was originally published on The FinTech Times.
