Visa has partnered with stablecoin infrastructure provider BVNK to expand its Visa Direct real-time payments network. The agreement allows businesses in select markets to pre-fund payments in stablecoins and send payouts directly to recipients’ digital wallets.

Visa Direct, which handles nearly $1.7 trillion in payments, already supports fast transactions such as payroll, gig economy wages, and cross-border remittances. Adding stablecoins offers an alternative that settles instantly and operates outside traditional banking hours.

“Stablecoins are an exciting opportunity for global payments, with enormous potential to reduce friction and expand access to faster, more efficient payment options,” said Mark Nelsen, Visa’s global head of product.

BVNK, which processes over $30 billion in stablecoin payments annually, will provide the infrastructure for moving and settling these digital assets. The UK-based firm operates across more than 130 countries and focuses on enterprise-level settlement solutions.

The rollout will start in markets with strong demand for digital asset payments. Wider adoption will depend on customer needs and regulatory approvals.

Visa’s relationship with BVNK began in May 2025, when Visa Ventures invested in the company. Citigroup followed with a strategic investment five months later. This integration represents a next step in expanding Visa Direct into stablecoin infrastructure.

“Visa and BVNK both believe in the transformational potential of stablecoin technology, not just as a payment method, but as a powerful layer of payments infrastructure,” said Jesse Hemson-Struthers, CEO of BVNK. “This partnership is unlocking a new layer of payment innovation where stablecoins will be embedded directly into the world’s most trusted payments network. It will give businesses and end consumers more choice in how and when they receive and send their funds.”

Visa has explored stablecoin settlement since 2021, initially with USD Coin (USDC) and later expanding to allow banks and financial institutions to settle in USDC by December last year. Early adoption faced challenges from regulatory uncertainty and uneven demand across markets.

The BVNK partnership addresses those challenges by providing enterprise-ready infrastructure for stablecoin settlement. It positions Visa to accelerate global payments while offering faster access to funds outside traditional banking hours.


source: hodlfm.com