Odaily Planet News: Visa has announced a partnership with stablecoin payment infrastructure company Bvnk to integrate stablecoin functionality into its Visa Direct real-time payment network. This collaboration will allow businesses in specific markets to pre-fund payments in stablecoins and directly transfer funds 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 division in May 2025, followed by a strategic investment from Citigroup. (CoinDesk)
Visa Partners with Bvnk to Launch Stablecoin Payment Service
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Summary
Visa has launched a new token launch news initiative by partnering with BVNK to integrate stablecoin payments into its Visa Direct network. The service enables businesses in select markets to pre-fund and send stablecoin payments directly to digital wallets. BVNK, which processes over $30 billion in stablecoins annually, will manage the infrastructure. Visa’s venture arm invested in BVNK in May 2025, followed by a strategic network upgrade supported by Citigroup.
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