Stablecoin settlement is now the default for cross-border payouts
Starting today, platforms on Corvane can settle cross-border payouts in a regulated dollar stablecoin by default.
Why now
Payout corridors that once took three business days now settle in minutes, and the cost of conversion has fallen below card interchange in most of the markets we serve.
How to turn it on
Nothing to change for new platforms. Existing platforms can opt in per connected account from the dashboard or the API.