Card issuance and embedded finance platform Highnote has partnered with BVNK to introduce real-time, 24/7 stablecoin-based funding for card programs.
This collaboration enables Highnote subscribers globally to fund US-based program accounts instantly in USD, unrestricted by traditional banking hours. It streamlines a critical operational process for fintechs and enterprises that require agility, allowing them to transfer program funds via stablecoins. These funds are automatically converted to dollars and deposited into sponsor bank accounts in real time.
“Our subscribers are creating real-time financial products for a global audience, and until now, they had to work within the constraints of U.S. banking hours,” said John Macilwaine, CEO of Highnote. “This new capability removes that barrier, providing true around-the-clock control over their finances.”
Keith Vander Leest, US GM of BVNK, noted, “This partnership exemplifies how stablecoins can unlock liquidity that is otherwise tied up in complex payment flows relying on traditional banking systems.”