Stablecoin rails provide faster, low-cost fiat transfers for treasury operations, payroll, remittances, and more particularly in regions underserved by traditional banking systems
Nuvei has unveiled a major upgrade to its global money movement capabilities, making it easier and more affordable for businesses to send payouts directly to bank accounts worldwide including in emerging markets where outdated payment infrastructure often causes costly delays.
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By using stablecoin rails behind the scenes, Nuvei moves fiat funds across borders faster and more efficiently, reducing the need for expensive intermediaries. This means same-day or next-day settlement, even in regions where traditional banking methods can be slow or unreliable.
The upgrade builds on Nuvei’s already extensive payout options — including direct bank transfers, real-time payment networks, eWallets, and card networks. Now, businesses can fund virtual bank accounts via local payment rails, bypassing slower SWIFT transfers and lowering costs.
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Once the funds are transferred internationally using blockchain technology, local financial partners step in to deposit the payout in recipients’ bank accounts in local currency. This works even in hard-to-reach or underbanked regions, opening up new opportunities for businesses operating in fast-growing markets.
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Nuvei’s expanded payouts unlock powerful use cases, such as:
Intra-company transfers: Move treasury funds between global subsidiaries quickly.
Vendor and invoice payments: Pay third parties across borders without delays.
Global payroll and marketplace payouts: Send money to multiple recipients at once, perfect for platforms, gig economy apps, and fintechs in emerging markets.
To maximize value, the system also uses multiple FX providers to find the most competitive exchange rates — a big advantage for companies navigating volatile currencies.
“Our mission is to simplify and accelerate money movement globally so businesses can focus on growth,” said Phil Fayer, Chair and Chief Excutive Officer of Nuvei. “By using stablecoin rails behind the scenes, we’re giving customers a faster, more cost-effective alternative to traditional settlement — especially valuable in fast-growing economies where outdated infrastructure holds businesses back.”
With coverage in over 200 markets and settlement in 150 currencies, Nuvei’s enhanced payouts help businesses reach recipients anywhere — from major cities to rural areas — with speed, transparency, and confidence.
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