VendorPay has been used to successfully process over $1,000,000 in Bitcoin payouts to vendors, contractors, and employees across multiple regions. No foreign exchange fees, no interchange fees amongst intermediary banks, no 3-5 business days, no cut-off times; just 24/7, peer-to-peer, auditable, near-instant monetary payments.
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This is what Bitcoin looks like when it’s actually used, not just speculated on. Global payouts, no banking middlemen, no FX friction, and 24/7 settlement. Hard to argue with real world traction like this especially at scale.
For as much as I like to rag on BTC Inc, this is pretty impressive.
I can attest to how effortless and wonderful that side of things have been