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BVNK to Support Stablecoin Payments in Visa Direct Pilot Programs


BVNK to Support Stablecoin Payments in Visa Direct Pilot Programs

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  • Visa Direct pilots will add stablecoin pre-funding and payouts in approved markets, alongside fiat rails.
  • BVNK will supply infrastructure for real-time stablecoin settlement, handling over $30B annually.
  • The rollout builds on Visa Ventures’ 2025 stake in BVNK, marking first direct Visa Direct integration.

Visa and BVNK have announced a new partnership that will see BVNK provide stablecoin infrastructure for pilot programs on Visa Direct, Visa’s global money movement network with an annualized volume of $1.7 trillion. The initiative focuses on enabling stablecoin-based payouts and funding mechanisms in select markets, expanding the operational scope of Visa Direct beyond traditional fiat settlement.

Under the arrangement, BVNK will support stablecoin pre-funding for Visa Direct, enabling certain business clients to fund payouts using stablecoins in addition to f…

Read The Full Article BVNK to Support Stablecoin Payments in Visa Direct Pilot Programs On Coin Edition.

Read the article at CoinEdition

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