Case Study: Titan FX meets stablecoin payment demand with BVNK

Titan FX meets demand for stablecoin payments with BVNK

Titan FX, an international forex broker, faced a significant challenge in meeting the high demand for stablecoin payments from both its clients and its international payment service provider (PSP) partners. The company needed a trusted and properly licensed partner with a strong compliance function to handle these crypto payments and settle them in fiat currency. Previous suppliers had failed to meet these requirements.

The solution was implemented by BVNK, which provided its virtual accounts and DLT payments products. BVNK enabled Titan FX to receive USDT stablecoins from PSP partners in minutes instead of days, auto-convert them to EUR, and hold the funds in safeguarded accounts. This partnership allowed Titan FX to make onward payouts and is expanding to accept customer deposits. The measurable results for Titan FX are that 40% of its deposits are in crypto, and the average stablecoin deposit value is 10x higher than card payments, at approximately EUR 5000.

Titan FX

Valon Sermaxhaj

Business Solutions Specialist