Corpay Inc. (NYSE: CPAY) announced agreements with JP Morgan and BVNK to add blockchain-based settlement capabilities to its cross-border payments platform.

The partnership with JP Morgan provides access to its Kinexys private blockchain, while BVNK enables stablecoin interoperability. These additions expand Corpay's existing payment infrastructure, which includes SWIFT, proprietary iACH, and real-time local payment schemes.

The blockchain settlement will be available across select payment corridors, allowing clients to access multiple settlement methods through a single platform. The company stated this enables 24-hour stablecoin and tokenized fiat disbursements.

"We are continuing to build a truly multi-rail global payments platform," said Ron Clarke, Chairman and CEO of Corpay. "Adding both public and private blockchain capabilities allows us to optimize how payments move — improving speed, flexibility, and efficiency for our clients around the world."

Mark Frey, Group President of Corpay Cross-Border Solutions, noted that the platform routes transactions across different rails to deliver optimal outcomes for clients.

Corpay provides commercial payment solutions including corporate cards, accounts payable automation, and cross-border services to businesses globally. The company is scheduled to hold a Cross-Border Teach-In event on May 13, 2026.