Visa Partners with BVNK to Integrate Stablecoin Payments via Visa Direct

Visa has forged a strategic partnership with BVNK to enable stablecoin payments across its Visa Direct network, marking a significant step in the integration of digital assets into global payment systems. Pilot programs launching this year will leverage BVNK's infrastructure to facilitate stablecoin transactions within Visa Direct's $1.7 trillion real-time payments network.

The collaboration introduces stablecoins as an alternative to traditional fiat rails for cross-border payments, offering businesses and end-users enhanced flexibility. Visa Direct, which processes payouts to cards, bank accounts, and digital wallets, will now support pre-funding by businesses using stablecoins, alongside direct stablecoin payouts to recipients' wallets.

This development promises faster settlement times, 24/7 availability, and reduced dependency on conventional banking hours—particularly advantageous for cross-border and treasury operations. The MOVE underscores the growing institutional adoption of blockchain-based payment solutions.