Visa Partners with BVNK to Integrate Stablecoins into $1.7 Trillion Visa Direct Platform
Visa has taken a significant step toward modernizing global payments by partnering with BVNK, a stablecoin infrastructure provider processing over $30 billion annually. The collaboration will enable stablecoin transactions on Visa Direct, the firm's real-time payouts platform handling $1.7 trillion in volume.
The MOVE follows Visa's 2025 stablecoin pilots, signaling growing institutional adoption of digital asset settlements. Mark Nelsen, Visa's head of product, emphasized stablecoins' potential to "reduce friction and expand access to faster payment options" during non-banking hours.
Initial rollout will target high-demand digital payment markets, with BVNK powering select Visa Direct services. This strategic alliance positions Visa—the world's second-largest card network—at the forefront of blockchain-based payment innovation.