Stellar’s XLM has risen 2.7% to $0.2135 after BVNK added the blockchain to its stablecoin payments platform, opening the network to business payments across more than 130 markets.
Summary
- BVNK has made Stellar available through its existing API for payments, payouts, remittances, and treasury transfers.
- CoinGecko data showed XLM trading at $0.2135, with a market value of about $7.46 billion and $403.3 million in daily volume.
- BVNK customers can use the new rail without building a separate blockchain connection or changing their current payment systems.
- The integration follows Mastercard’s acquisition of BVNK and a U.S. Bank test involving a proprietary dollar-backed stablecoin on Stellar.
BVNK announced the integration, saying customers can now access Stellar through the same API they use for the company’s other payment rails and digital assets.
Businesses can use the connection for cross-border payments, customer and supplier payouts, remittances and corporate treasury transfers. Since BVNK manages the blockchain connection within its platform, customers do not have to create a separate Stellar integration or replace their existing payment infrastructure.
The arrangement adds a network designed for fast and low-cost transfers to BVNK’s set of settlement options. Instead of selecting and maintaining separate connections for each blockchain, a business can route payments through the networks available within BVNK’s platform.
BVNK has opened Stellar across 130-plus markets
BVNK said the Stellar rail is available across more than 130 supported markets. Its platform connects conventional payment systems with stablecoins and other digital assets, allowing companies to move funds using a single technical connection.
According to BVNK, its payment infrastructure recorded $55.6 billion in volume during 2025 and processed 3.6 billion transactions. The company also reported 99.99% uptime and an average settlement time of about five seconds.
Kimberley Mescal Julien, head of partnerships at BVNK, said businesses should not have to operate separate connections for several blockchain networks. She described Stellar as another low-cost channel that customers can use to send money across borders through BVNK’s existing platform.
Adding a blockchain through one API can reduce the technical work required when companies enter another market or support a new asset. BVNK said customers would also be able to access more Stellar-native assets through the same connection if the company expands the offering.
The current announcement does not name any additional assets or provide a timetable for their introduction. Stellar supports the issuance and transfer of tokens on its network, including assets designed to track national currencies.
XLM price has gained alongside higher trading activity
CoinGecko data showed XLM at $0.2135 at the time of writing, representing a 2.7% increase over 24 hours and an 11.2% gain during the past week. The token traded between $0.2062 and $0.2198 during the daily period.
Daily trading volume stood at about $403.3 million, while XLM’s circulating market value reached roughly $7.46 billion. CoinGecko estimated that about 35 billion XLM were in circulation out of a maximum supply of approximately 50 billion tokens.
The token remained about 75.6% below its record price of $0.8756. CoinGecko calculates the quoted XLM price using a volume-weighted average drawn from 113 exchanges and 244 markets.
BVNK’s announcement supplies another commercial use case for the Stellar network, but it does not confirm how much payment volume will pass through the new rail. The company also did not disclose whether customers must hold XLM directly to use Stellar-based transfers.
Network adoption and token demand do not always move together because businesses may settle with stablecoins or other assets issued on a blockchain. A recent XLM assessment published by crypto.news noted that Stellar’s transaction activity does not automatically produce lasting demand for its native token.
The same report cited about $5.5 billion in stablecoin payment volume and more than $2.83 billion in tokenized real-world assets on Stellar as of June. It also noted that the Depository Trust and Clearing Corporation planned to connect its tokenization service to Stellar, with live assets targeted for the first half of 2027.
Mastercard ownership adds scale to BVNK’s payment network
BVNK’s Stellar launch follows Mastercard’s completion of its acquisition of the stablecoin infrastructure company in August. The transaction valued BVNK at up to $1.8 billion and placed its blockchain payment technology within Mastercard’s global operation.
As reported after the acquisition, Mastercard bought BVNK to connect digital assets with traditional payment systems. The companies did not provide a detailed timetable for combining BVNK’s technology, licenses and customer relationships with Mastercard’s existing services.
Mastercard said in its Aug. 3 announcement that the purchase would support transfers between fiat money and digital currencies. The payment company also linked BVNK’s infrastructure with Mastercard Move, which provides money-transfer services across multiple currencies and markets.
BVNK continued operating its platform following the acquisition, and the Stellar connection shows the company adding blockchain rails under its new ownership. Its customers can access the network through the same technical setup they already use rather than waiting for a separate Mastercard product.
Before completing the purchase, Mastercard had worked with BVNK on digital-asset projects. BVNK was among more than 30 companies supporting Mastercard’s Agent Pay for Machines program, which was designed to let automated software conduct high-volume, low-value transactions through cards and stablecoins.
U.S. institutions are testing Stellar-based settlement
For U.S. businesses and XLM holders, the BVNK integration follows a live transaction conducted by U.S. Bank with its proprietary USBDC stablecoin. The bank moved funds between its entities in North America and Europe using Stellar.
The U.S. Bank pilot connected USBDC with the bank’s finance, risk, compliance, and operational systems. U.S. Bank’s Digital Asset Platform handled the token’s issuance, transfer and redemption while also testing freezing and clawback functions.
U.S. Bank described the transaction as a controlled test rather than a public stablecoin launch. It did not disclose the payment amount, transaction hash, settlement time or reserve structure behind USBDC, and the bank did not announce access for customers or outside financial institutions.
The transaction focused on an intercompany transfer between U.S. Bank entities rather than a consumer payment. According to the bank, the trial examined whether a dollar-backed token could support international transfers while remaining connected to established banking controls.
U.S. Bank said it was also studying liquidity management, collateral movement and cross-border treasury operations through its digital-asset platform. The bank did not provide dates for further tests or identify clients and payment corridors that could take part in any later trial.
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