Visa Partners with BVNK to Launch Stablecoin Payment Service
Svmuu News: Visa has announced a partnership with stablecoin payment infrastructure company BVNK to integrate stablecoin capabilities into its Visa Direct real-time payment network. The partnership will allow businesses in select markets to pre-fund payments with stablecoins and disburse funds directly to recipients’ digital wallets. BVNK will provide the underlying infrastructure to process and settle these stablecoin transactions; the company currently processes over $30 billion in stablecoin payments annually. Visa invested in BVNK through its venture capital arm in May 2025, and Citigroup subsequently made a strategic investment. (CoinDesk)
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