Visa and BVNK Join Forces to Enhance Stablecoin Payment Options
Visa, the global leader in digital payments, has announced a groundbreaking partnership with BVNK, a stablecoin infrastructure provider, to bring stablecoin capabilities to Visa Direct, its real-time money movement network. This collaboration marks a significant development in the integration of blockchain technology within mainstream financial services.
Streamlining Global Payments with Stablecoins
As part of this partnership, select business clients can now pre-fund Visa Direct payouts using stablecoins, offering an alternative to traditional fiat currencies. Visa is also exploring broader use cases, such as allowing end consumers to receive stablecoin payments directly into their digital wallets. This move is especially beneficial during weekends, holidays, or non-banking hours, where faster access to funds is a priority.
The enhanced flexibility is expected to benefit industries reliant on immediate transactions, including payroll processing and cross-border remittances. For example, a digital nomad or freelance worker could receive payments instantly without delays caused by traditional banking systems.
What Does This Mean for Businesses and Consumers?
Stablecoins are transforming global payments by reducing friction and expanding access to efficient, real-time financial transactions. Mark Nelsen, Visa Global Head of Product, Commercial, and Money Movement Solutions, shared his thoughts: “Stablecoins are an exciting opportunity for global payments, with enormous potential to reduce friction and expand access to faster payment options—especially during non-banking periods.”
For businesses like Amazon and Deel, the integration of stablecoins into financial systems ensures a smoother and faster transaction experience. For example, in regions with limited access to traditional banking, businesses can adopt stablecoin-powered solutions for efficient and secure payments.
Visa’s Journey with Blockchain and Stablecoins
This announcement aligns with Visa’s ongoing efforts to incorporate blockchain technology into its payment systems. Since 2023, Visa has experimented with stablecoin settlement, including the use of USDC on the Solana blockchain. What began as small pilots in North America has now expanded to include various markets in Latin America, Europe, and across the Asia-Pacific region.
Additionally, Visa has supported the development of stablecoin-linked cards, enabling users to spend digital currencies seamlessly across the company’s global merchant network. The partnership with BVNK builds on earlier collaborations, with Visa Ventures investing in the fintech company in 2025, underscoring its confidence in BVNK’s cutting-edge technology.
BVNK’s Role in Transforming Payments
BVNK, known for processing over $30 billion in stablecoin transactions annually, is a trusted partner for enterprises such as Worldpay, Flywire, and Deel. Their role in this collaboration involves providing the infrastructure necessary to enable stablecoin-powered transactions in select markets. This partnership reflects BVNK CEO Jesse Hemson-Struthers’ belief in the revolutionary potential of stablecoin technology as a modern payments infrastructure.
Explore Stablecoins with Ease
As Visa and BVNK expand their stablecoin initiatives, businesses and consumers around the world are set to enjoy unparalleled flexibility and speed in financial transactions. To get started with stablecoin payments or digital currencies, you can explore a trusted cryptocurrency wallet like the Trust Wallet, available for secure and user-friendly transactions.
Whether you’re a business looking for cross-border solutions or an individual ready to embrace blockchain technology, the road to a simplified financial future has never been clearer. Stay ahead of the curve and take advantage of stablecoin innovations today.
