Visa Partners With BVNK to Enable Stablecoin Payouts on Visa Direct

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TL;DR

Visa has partnered with stablecoin infrastructure provider BVNK to enable stablecoin-funded payouts through Visa Direct. The integration will allow businesses to send funds directly to recipients' stablecoin wallets, starting with pilot programs in select markets.

Key Takeaways

  • Visa partners with BVNK to enable stablecoin payouts on Visa Direct's $1.7 trillion money-movement platform
  • Pilot programs will begin this year, allowing businesses to pre-fund payouts using stablecoins
  • The rollout will focus on regions with strong demand for digital asset payments, with expansion based on regulatory approval
  • Stablecoins offer 24/7 payment capabilities, operating outside traditional banking hours
  • The partnership builds on Visa's previous investment in BVNK and reflects growing institutional adoption of stablecoins

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Visa logo. Image: Shutterstock/Decrypt

Payments giant Visa has partnered with London-based stablecoin infrastructure provider BVNK to enable stablecoin-funded payouts across Visa Direct, expanding the network’s payment options beyond traditional fiat rails.

Under the partnership, BVNK will power stablecoin payments for Visa Direct, Visa’s $1.7 trillion money-movement platform, according to a press release issued Wednesday.

Exciting news: we're powering stablecoin payments for @Visa Direct

Starting this year with pilot programs, BVNK will provide stablecoin infrastructure for @VISADIRECT's $1.7 trillion real-time payments network, enabling faster, more flexible global money movement. pic.twitter.com/0SxgIRrhof

— BVNK (@BVNKFinance) January 14, 2026

The integration will allow select business customers to pre-fund payouts using stablecoins and send funds directly to recipients’ stablecoin wallets.

BVNK will support Visa Direct’s stablecoin services in approved markets, with the rollout initially focusing on regions with strong demand for digital asset payments, with further expansion planned based on customer needs and regulatory approval.

“Stablecoins are an exciting opportunity for global payments,” Mark Nelsen, Visa’s global head of product for commercial and money movement solutions, said in the press release, citing their ability to operate “during weekends, holidays, and when banks are closed.”

A spokesperson for BVNK told Decrypt that the partnership is a "clear sign that stablecoins are becoming a mainstream, complementary payment rail," adding that the firm is working on pilot programs with a "limited set of Visa Direct enterprise clients" including PSPs, marketplaces and platforms. "Our roadmap is for expansion to additional corridors, currencies, stablecoins, and customer segments based on regulatory approval and customer demand," they added.

"Stablecoin payouts remove the biggest operational bottleneck in global payment, which is time," Jayanand Sagar, co-founder of Hyperbola Network, told Decrypt. "When value can move instantly, 24/7, the traditional advantage of banking systems shifts away from speed and efficiency toward compliance and trust."

The real question, he said, “isn't whether stablecoins will disrupt banking, but whether local monetary infrastructure can adapt fast enough to adapt to new rails.”



"Payment networks will influence which stablecoins gain distribution, but they won't dictate winners alone," Stable CEO Brian Mehler said in a statement shared with Decrypt. He argued that the determining factor will be "whether the underlying infrastructure can deliver predictable fees, deterministic settlement, and the operational reliability institutions need."

Building on a strategic relationship

The announcement marks the next phase of the strategic relationship between the two companies. Last May, Visa’s venture arm invested an undisclosed amount in BVNK following the firm’s $50 million Series B round.

Visa also began piloting stablecoin wallet payouts last November, allowing fiat-denominated payments to settle in dollar-pegged stablecoins such as Circle's USDC, with wider access expected in the second half of 2026 pending local regulations.

The collaboration comes as payment giants navigate new regulatory frameworks, including the GENIUS Act, which establishes federal standards for payment stablecoins in the U.S..

"While payment giants act as 'kingmakers' by granting tokens like USDC or PYUSD instant global utility, their power is now tethered to the federal standards of the GENIUS Act, which legally restricts them to supporting only strictly regulated 'payment stablecoins,'" Jimmy Xue, COO & Co-founder at Axis, told Decrypt.

He added that, “Their influence has shifted from simply picking winners to defining the ‘invisible plumbing' of global finance, where a token’s brand is less important to consumers than the institutional trust and fraud protections the network provides.”

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