Visa boosts blockchain payments with BVNK investment
Visa backs BVNK in stablecoin payment expansion
Visa has made a strategic investment in BVNK, a London-based fintech startup specializing in stablecoin-based payment infrastructure, as part of its broader push to modernize cross-border transactions.
The investment, executed through Visa’s venture capital arm, signals growing confidence among traditional financial institutions in blockchain technology as a faster and more cost-efficient alternative to legacy systems, CoinDesk reported.
BVNK, which processes over $12 billion in stablecoin transactions annually, has emerged as a key player in bridging crypto and traditional finance. The company enables businesses to send, receive, and hold value using stablecoins like USDC and USDT, offering real-time settlement and reduced fees.
Visa aligns with fintech innovation
This latest move is part of Visa’s ongoing effort to integrate digital assets into its global payment network. The firm has previously partnered with crypto-native platforms and stablecoin issuers, but its investment in BVNK represents a deeper commitment to the underlying infrastructure that powers stablecoin payments for enterprises.
"Visa’s deep expertise in building global payment networks, combined with our stablecoin infrastructure, creates powerful possibilities for redefining how businesses operate in today's digital economy," BVNK co-founder and CEO Jesse Hemson-Struthers wrote in a blog post.
Looking ahead: From London to global scale
BVNK plans to leverage the investment to accelerate its expansion into the United States, where regulatory frameworks for stablecoins are still evolving but increasingly favorable. The collaboration could also lay the groundwork for future Visa integrations with blockchain-based settlements.
As stablecoins gain traction for their price stability and speed, Visa’s backing of BVNK may mark a pivotal step toward mainstream adoption of blockchain-powered business payments.
We also wrote earlier about Webull partners with Visa for instant money transfers.
