Insights

Perspectives on stablecoin settlement, cross-border payments, and payment infrastructure.

Articles

Virtual account providers: how to evaluate, switch and de-risk one: How to evaluate a EUR or USD virtual account provider and switch one safely: contract structure, currency limits, the re-verification you cannot avoid, parallel runs, reconciliation tests and the questions to ask before signing. (Infrastructure, 9 min)
Stablecoins "beat Visa" in 2025. Here are the honest numbers.: Stablecoins settled $33T in 2025, more than Visa and Mastercard combined. Most of it isn't payments. Here are the numbers that actually matter for B2B money movement. (Infrastructure, 6 min)
Adding a stablecoin leg to your payouts: build, buy, or partner: PSPs and platforms keep asking the same question: how do we offer stablecoin settlement without becoming a crypto company? The honest build-vs-buy-vs-partner analysis. (Infrastructure, 6 min)
How to build provider-resilient stablecoin payment infrastructure: Provider lock-in in stablecoin payments is rarely about the API. It sits in your reconciliation data, your compliance evidence and your fiat edge. A practical architecture and a 10-question audit. (Infrastructure, 9 min)
Instant payouts are table stakes now. Your compliance queue is the bottleneck.: Sellers and creators judge platforms by payout speed. The 2026 benchmark for marketplace payout infrastructure, and why the bottleneck is compliance design. (Settlement, 6 min)
Why we shipped our docs as an MCP server: We exposed docs.venlyfinance.com as an MCP server. An AI agent can now compose a Venly integration plan from live docs. Here's why, and how to try it. (Product, 5 min)
Your stablecoin provider just got acquired. Now check your vertical.: Mastercard bought BVNK. Stripe bought Bridge. When card networks own stablecoin orchestration, what happens to the platforms and PSPs they've historically treated as high-risk? (Infrastructure, 6 min)
The MiCA transition is over. Is your payment provider still allowed to serve you?: The MiCA transitional period ended July 1, 2026. Only ~17% of VASP-registered firms became authorized CASPs. Here's what it means for your payment stack, and the diligence questions to ask any provider. (Compliance, 7 min)
You Have the License. Now You Need the Infrastructure.: How broker-dealers can operationalize stablecoin holdings after the SEC's 2% haircut change, without adding a custodian to the stack. (Infrastructure, 10 min)
Why Stablecoin Rails Are Replacing SWIFT for High-Volume Payouts: Legacy bank rails weren't designed for the speed and cost demands of modern cross-border operators. Here's why stablecoin settlement is becoming the default for high-volume platforms in payout-heavy segments. (Settlement, 7 min)
FX Margin Capture: The Hidden Revenue Line in Your Treasury: Most fintechs treat FX as a cost center. Here is how FX margin capture works: compare quotes from several liquidity providers, lock the rate, and keep the spread on each cross-border conversion. (Product, 5 min)
How Interchange Works in White-Label Card Issuance: How card interchange works in Europe, what white-label card issuance involves for a platform, and where stablecoin-funded cards fit. Card issuance on Venly Finance is coming soon. (Product, 6 min)
MiCA, VASP Registration, and What It Means for Payment Operators in Europe: Europe's new crypto regulations are creating clarity, and opportunity, for compliant payment operators. A practical guide to what MiCA means for your payout infrastructure. (Compliance, 8 min)
Designing a Multi-Rail Settlement Architecture for Scale: The most resilient payment infrastructure doesn't rely on a single rail. Here's how to architect a settlement layer that routes dynamically across fiat, stablecoin, and crypto rails based on cost, speed, and availability. (Infrastructure, 9 min)

News

Venly Wins Mastercard For Fintechs France-Belgium Semifinal and Advances to European Final: Venly and Giskard AI won the Mastercard For Fintechs 2026 France-Belgium semifinal in Paris and go to the European final in Milan on November 25.

Guides

Fiat-to-stablecoin FAQ: pricing, speed & compliance: Fiat-to-stablecoin conversion in practice: pricing, settlement speed, compliance, chains and rails, answered for treasury, finance and developer teams.
Agent-Ready APIs & MCP: Designing APIs for LLM Consumption: Agent-ready APIs are designed so LLM agents can call them safely without a human intermediary. The three pillars are an MCP server (typed tools), llms.txt (discovery), and idempotent primitives (safe retries).
EURC vs USDC: Choosing a Stablecoin Leg for EU Corridors: EURC is Circle's euro stablecoin, issued in the EU under MiCA's EMT rules. USDC is Circle's dollar stablecoin. Both are 1:1 reserve-backed and both are issued on several chains, including Ethereum and Base. Route EURC for EUR-in / EUR-out flows to avoid double FX; route USDC for USD corridors and deeper liquidity.
What Is FX Margin Capture?: FX margin capture is the practice of sourcing exchange rates from several competing liquidity providers, choosing the rate to use, and retaining the difference between the rate offered to the end user and the rate obtained from the provider. The FX cost becomes a visible line the operator prices itself.
MiCA CASP vs VASP: What EU Stablecoin Rules Mean for Platforms: MiCA replaced national VASP registrations with a single EU-wide licence called CASP (Crypto-Asset Service Provider). The transitional period for pre-MiCA VASPs closed on 30 June 2026; platforms now serve EU users by holding a CASP authorization directly or by operating with a licensed partner.
MiCA-Authorized Stablecoins: The Verified List: As of 2 July 2026, a shortlist of stablecoins has secured MiCA authorization as e-money tokens (EMTs) from an EU national competent authority. This page tracks the ones we have verified against issuer disclosures and public regulator registers. It does not attempt to be exhaustive.
What Is Multi-Rail Settlement Architecture?: Multi-rail settlement architecture is an infrastructure design pattern in which a payment platform maintains active connections to multiple payment rails (traditional banking networks such as SEPA, SWIFT, Faster Payments and PIX, local payment schemes, and stablecoin networks) and dynamically routes each transaction to the optimal rail based on cost, speed, availability, and compliance requirements.
Stablecoin B2B Volume in 2026: The Data: Real stablecoin payments volume reached ~$390B in 2025, of which ~$226B was B2B: a +733% YoY jump (BCG, Jan 2026). Headline $33T on-chain settlement includes exchange, DeFi, and bot flows. Juniper separately estimates cross-border B2B stablecoin flow at $13.4B in 2026, rising to $5T by 2035.
Stablecoin Settlement vs SWIFT: The 2026 Comparison: Stablecoin settlement moves value on-chain in seconds for roughly 0.3–0.8% all-in at scale; SWIFT settles in 1–3 business days at 3–6%. In 2026 stablecoins process an estimated $6–8T annualized in payments. That is a small share of SWIFT's ~$150T flow, and the fastest-growing new settlement rail in a decade.
Virtual IBANs (vIBAN) Explained: How Platforms Use Them: A virtual IBAN (vIBAN) is a bank account number that routes to a shared master account, letting platforms assign a unique IBAN per end-user, merchant, or invoice, without opening a real bank account for each one. Marketplaces and PSPs use vIBANs to attribute inbound SEPA/SWIFT payments automatically.