Visa partners with BVNK to launch stablecoin payment service
TL;DR
Visa partners with BVNK to integrate stablecoins into its Visa Direct network, enabling businesses to pre-fund and send payments directly to digital wallets using BVNK's infrastructure.
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Odaily Odaily that Visa has announced a partnership with stablecoin payment infrastructure company BVNK to integrate stablecoin functionality into its Visa Direct real-time payments network. This partnership will allow businesses in select markets to pre-fund payments with stablecoins and directly distribute funds to the recipient's digital wallet. 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)