Nuvei has declared a “new vision for its global money movements”, as the Toronto TSX fintech and payments technology group will begin to offer stablecoin transactions.
The decision to “leverage stablecoin rails” follows careful consideration of client needs to facilitate cost-effective payouts to worldwide banks in an evolving period of new innovations changing the landscape of global payment transactions.
Nuvei views the roll-out of stablecoin rails as a complementary vertical to its suite of payout solutions for mass-market enterprises, in which it currently facilitates the day-to-day business transactions for direct bank transfers, real-time payment networks, e-wallets, and card networks.
“Our mission is to simplify and accelerate money movement globally so businesses can focus on growth,” said Phil Fayer, Chair and CEO of Nuvei.
Benefitting partners, Nuvei backs its stablecoin rails to enhance value across borders using blockchain technology, enabling same-day or next-day settlement.
Of significance, stablecoin transactions undertaken with Nuvei are tracked to thousands of FX providers used by the fintech firm to ensure customers are guaranteed best-priced foreign exchange rates – “driving further savings and transparency for businesses navigating volatile currencies”.
Beyond debuting its stablecoin rails, Nuvei projects future benefits for partners, including enhancing global payout capabilities for intra-company transfers and third-party disbursements, supporting diverse use cases from treasury management to global payroll and remittances.
New regulatory backing
The GENIUS Act, a proposed regulatory framework for stablecoins in the US that passed a US Senate vote in July but has not yet been made into law, continues to carry bipartisan interest and support from the Trump administration as part of broader economic efforts.
The act’s progress underscores a growing consensus that blockchain-based financial infrastructure can play a vital role in increasing payment efficiency and transparency.
Meanwhile, Nuvei has re-marked at accelerating innovations, as its global payment network processed over $60bn in transactions for partners in Q1 2025, underscoring the demand for faster and more scalable cross-border solutions.
“With this extension, we’re giving our customers the ability to move fiat account to account, across borders, faster and more cost-effectively than ever before,” added Fayer.
“By using stablecoin rails behind the scenes, we provide a modern and efficient alternative to traditional settlement methods, especially valuable in fast-growing economies where outdated infrastructure holds businesses back.”
