Stablecoin infrastructure · Asia-Pacific

Does BVNK work in Singapore?

Partly.

BVNK is limited for businesses registered in Singapore: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Limited

Source: BVNK docs ↗

What a business in Singapore can use

BVNK’s products, for a company incorporated in Singapore.

Accept paymentsLimited

Accept stablecoin payments, kept as stablecoins or converted to fiat.

Pay people abroadLimited

Stablecoin and fiat payouts, including instant euro payments over SEPA.

Multi-currency accountLimited

Virtual accounts and embedded wallets for your customers.

Business cardsNot offered

BVNK does not offer this.

StablecoinsLimited

Pay-ins, payouts, FX and wallets across major chains, plus a self-custody product.

Yield on idle cashLimited

BVNK Earn pays a return on idle stablecoin balances. BVNK does not clearly say how the return is generated; earlier versions of the product lent assets to prime brokers.

Mastercard completed its acquisition of BVNK in August 2026. Its docs list businesses and individuals in the US, UK and EEA, plus other supported countries; BVNK says it supports payments in 130+ countries.

Onboarding confidence: medium. Source: BVNK docs. Everything about BVNK

Alternatives in Singapore

Other providers that serve businesses registered there.

Accept payments

Adyen Airwallex Checkout.com dLocal Payoneer PayPal Stripe Wise Business Worldpaylimited

Pay people abroad

Adyen Airwallex Checkout.com dLocal Payoneer PayPal Stripe Wise Business Bridgelimited Worldpaylimited

Multi-currency account

Airwallex Payoneer PayPal Stripe Wise Business Bridgelimited

Business cards

Airwallex Payoneer Wise Business Bridgelimited Rainlimited

Stablecoins

Checkout.com Stripe Bridgelimited Rainlimited Worldpaylimited

Yield on idle cash

Airwallex Bridgelimited

Selling to Singapore

How people there prefer to pay online.

1Visa / Mastercard
2PayNow
3GrabPay
4Apple Pay

Stablecoin rules in Singapore

Low riskClear rules

A licensing regime for stablecoins is in force.

BVNK’s stablecoin products are available to businesses here.

Everything about 🇸🇬 Singapore →

Common questions

Does BVNK work in Singapore?

Partly. BVNK is limited for businesses registered in Singapore: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which BVNK products can a business in Singapore use?

accept payments, pay people abroad, multi-currency account, stablecoins and yield on idle cash, with limits.

What are the alternatives to BVNK in Singapore?

Providers that onboard businesses registered in Singapore: Stripe, Adyen, Checkout.com, PayPal, Airwallex, Wise Business, Payoneer and dLocal. With limits: Worldpay, Bridge and Rain.

Can a business in Singapore use BVNK for stablecoins?

Yes, according to our data. Stablecoin rules in Singapore: Clear rules (low risk). MAS finalised a framework for single-currency stablecoins in 2023. Only stablecoins regulated by MAS may use that label.