Corpay adds blockchain-based settlement to cross-border payments platform

Corpay (CPAY) announced that it has added blockchain-based settlement to its cross-border payments platform through agreements with two infrastructure providers: JP Morgan for its Kinexys private blockchain, and BVNK for stablecoin interoperability. These agreements expand Corpay Cross-Border’s multi-rail platform by adding blockchain-based settlement across select corridors. Corpay now supports multiple global payment rails, enabling clients to access different settlement methods through a single integrated platform.