XLM Price Jumps as BVNK Adds Stellar to Stablecoin Payments Platform

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Coingapestaff

Coingapestaff

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Highlights

  • BVNK added native Stellar support, giving enterprise customers another rail for cross-border stablecoin payments.
  • The integration is available across more than 130 markets through BVNK’s existing single-API infrastructure.
  • U.S. Bancorp also recently tested a cross-border stablecoin payment on Stellar between North America and Europe.

Stellar’s XLM price has jumped to $0.2141, up about 2%, as BVNK added native Stellar support to its stablecoin payments platform. The integration provides a new blockchain channel to BVNK customers for cross-border payments, payouts, remittances, and treasury transfers.

BVNK Adds Stellar Rail Across 130-Plus Markets

BVNK said the Stellar connection is now available across more than 130 supported markets through its existing API. The network can be used by businesses without creating a new blockchain integration or altering their current payment infrastructure.

The platform already connects businesses with several blockchain networks and digital assets through one API. Stellar brings another settlement rail with low-cost transfers and quick payments.

BVNK reported that 2025 payment volume reached $55.6 billion with 3.6 billion transactions processed by the company. The network also achieved an uptime of 99.99% and average settlement times of approximately five seconds.

Kimberley Mescal Julien, BVNK’s head of partnerships, said businesses should not manage separate connections to multiple blockchains. She added that with BVNK’s platform, the company has another low-cost channel that customers can use for global payments.

BVNK also noted that the integration could pave the way for additional Stellar-native assets as the company expands its offering. Customers would not need separate technical work each time additional assets become available.

The rollout comes weeks after Mastercard completed its acquisition of BVNK for up to $1.8 billion. The deal expanded Mastercard’s stablecoin infrastructure and connected traditional payment rails with digital assets.

XLM Price Holds as Stellar Adds Enterprise Use Cases

XLM traded around $0.2141 after gaining about 2% from its recent intraday baseline. The token maintained a positive daily trend as traders assessed BVNK’s addition of Stellar.

The BVNK launch introduces another enterprise payments use case for Stellar. U.S. Bancorp also recently conducted a cross-border stablecoin payment test with Stellar between North America and Europe.

The U.S. Bank pilot used USBDC, its proprietary dollar-backed stablecoin, and connected the transaction with existing finance and compliance systems. The bank is also experimenting with liquidity management, mobility of collateral, and cross-border treasury operations with Stellar.

Stellar has increasingly been used for stablecoin settlement and institutional money movement. BVNK’s integration can enhance access to those rails with an existing enterprise payments platform.

Denelle Dixon, chief executive of the Stellar Development Foundation, stated that institutions are already making cross-border transfers and settlements with the Stellar network. She said BVNK customers would now gain access through the same network infrastructure.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.