BVNK partners with Visa to enable stablecoin payments on Visa Direct

Stablecoin Infrastructure Integrated with Visa Direct

BVNK partners with Visa to enable stablecoin transactions on Visa Direct, facilitating faster digital dollar payments outside regular banking hours.
The integration allows businesses to pre-fund Visa Direct payouts using stablecoins, bypassing traditional bank systems.
Recipients can receive payouts in stablecoins directly into digital wallets, enhancing payment speed for payrolls, contractor payments, and cross-border transfers.
Visa Direct processes $1.7 trillion annually; incorporating stablecoins expands its network's capabilities during non-banking periods.
BVNK, processing over $30 billion in stablecoin payments annually across 130 countries, will manage settlement and compliance within regulatory frameworks.
The rollout targets regions with high demand for digital asset payments, with expansion based on usage and local regulations.
BVNK previously raised $50 million at a $750 million valuation, highlighting confidence in its stablecoin infrastructure.

Visa’s investment in BVNK signals confidence in stablecoins’ potential to streamline payments and improve financial access.
Visa has already launched stablecoin settlements in the US using Circle’s [USDC](https://holder.io/coins/usdc/) and Arc Blockchain.
BVNK sees stablecoins becoming a mainstream financial tool rather than a niche product, supported by partnerships with firms like Worldpay and Deel.
As adoption increases, stablecoin infrastructure is expected to play a significant role in global money movement, influenced by demand and regulation.