BVNK and LemFi launch stablecoin cross-border payment network

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BVNK and LemFi launch stablecoin cross-border payment network
Crypto

fintechmagazine.com

LemFi has partnered with stablecoin infrastructure provider BVNK to route cross-border settlement over regulated stablecoin rails, a move meant to bypass legacy banks and reduce transfer time and cost. BVNK’s Chris Harmse framed the approach as operationalising LemFi’s stablecoin strategy that began in May 2026 after a strategic investment from Tether. The arrangement targets known frictions that raise transfer costs and comes as real-world stablecoin payment volumes reached US$7.4tn in the past 12 months and analysts predict stablecoins could grow from 3% to 20% of cross-border payments within a decade.

Stablecoin rails aim to speed and cut costs of cross-border transfers

Context

LemFi started a stablecoin settlement strategy in May 2026 after investment from Tether. The company now partners with BVNK to use regulated stablecoin infrastructure. Adoption could expand and stablecoins may take a larger share of…

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