🔸BVNK, a London-based company specializing in the conversion of stablecoins to USD, has partnered with LianLian, a major Chinese cross-border payment company. This agreement will allow merchants in LianLian's global network (which spans over 100 countries and 130 currencies) to use stablecoins for payments, which BVNK will then automatically convert to US dollars. The goal is to facilitate faster and more efficient cross-border payments, leveraging the projected growth of the stablecoin market, expected to reach trillions of dollars by 2030. BVNK, which already processes over $12 billion in stablecoin transactions annually and works with companies like Worldpay and Visa, aims to eliminate technical barriers for businesses to take advantage of these new "high-speed payment channels".
