FV Bank expands stablecoin offerings, adding PYUSD for USD integration and cross-border payments.

FV Bank has enhanced its stablecoin services through integration PayPal USD (BUSD) on its digital banking platform. This addition allows account holders to receive PYUSD directly into their USD accounts, with real-time conversion to USD, simplifying global transactions.

The feature is available now and allows customers to send PYUSD payments directly from their USD accounts without the need for minting Stable coin Or manage external wallets, according to a press release shared with crypto.news.

FV Bank facilitates this through its real-time processing system, which converts USD to PYUSD on demand and delivers it almost instantly to recipients.

FV Bank's recent digital asset movements

In October 2024, FV Bank a partner with Visa to launch debit and corporate debit cards, which were announced at Money 20/20 in Las Vegas. The cards allowed customers to spend fiat and digital assets globally, integrating banking and cryptocurrency solutions for individuals and businesses.

The move positions FV Bank as a leading US-licensed bank offering three major stablecoins – USDC (US dollars), usdt(USDT), and PYUSD - along with traditional banking features. The platform also supports 13 global currencies, enabling companies and individuals to manage treasury operations more efficiently.

The PYUSD integration builds on previous launches, including USDC in 2021 and USDT in 2024.