Peymo Launches Stablecoin-Powered Virtual Accounts for Global Payments

(Isstories Editorial):- London, United Kingdom Apr 2, 2026 (Issuewire.com) – Peymo, the AI-powered hybrid banking platform, today announced the launch of its next major feature: Virtual Accounts powered by stablecoin infrastructure, enabling seamless cross-border payments without relying on traditional SWIFT networks.

While global payments remain slow, expensive, and fragmented, Peymo introduces a new model — where crypto becomes the settlement layer and fiat remains the user experience.

One Account. Global Reach. Instant Settlement.

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Peymo’s Virtual Accounts are fully embedded within the app, allowing users to operate globally without needing multiple bank accounts or intermediaries.

This unlocks a fundamentally new way to move money internationally:

• Send payments globally using crypto — delivered locally in fiat
  Users can fund a transaction with crypto, and Peymo ensures the recipient receives funds in their local currency, through local banking rails, as if it were a domestic transfer
• Receive local bank transfers in 120+ countries — credited as crypto instantly
  Users are provided with local receiving account details (e.g. AUD, EUR, GBP), allowing senders to transfer funds domestically — which are then automatically converted and credited to the user’s crypto wallet
• Payments executed in your own name
  Unlike traditional intermediaries, transactions are structured to appear as if sent from the user themselves, creating a native banking experience across borders

A Real Alternative to SWIFT

Traditional cross-border payments rely on outdated correspondent banking networks — often resulting in delays, high fees, and lack of transparency.

Peymo replaces this with a stablecoin-powered settlement layer, enabling:

• Near-instant global transfers
• Reduced costs compared to traditional wire systems
• Full transparency and traceability
• Elimination of multiple intermediaries

This positions Peymo as a next-generation alternative to SWIFT, built for a digital-first financial ecosystem.

How It Works

A simple example:

• A user in Europe needs to pay an invoice in Argentina
• The user sends crypto within the Peymo app
• Peymo processes the transaction and executes a local payout in Argentina (ARS)
• The recipient receives funds directly into their bank account — fast, local, and frictionless

In reverse:

• A user shares their local receiving details (e.g. Australian bank account)
• The sender transfers AUD domestically
• The funds are instantly credited as crypto in the user’s Peymo wallet

Built for a Global Economy

Peymo’s Virtual Accounts are designed for:

• Individuals making international payments
• Businesses managing global suppliers and payroll
• Platforms enabling embedded finance and payouts
• Emerging markets where traditional banking access is limited

“This Is the Future of Global Payments”

“Cross-border payments haven’t evolved at the pace of digital finance. With Virtual Accounts, we’re removing the friction entirely — enabling users to move value globally, instantly, and in their own name,” said Tomas Bartos, CEO of Peymo.

This article was originally published by IssueWire. Read the original article here.