BVNK is to provide a stablecoin infrastructure for Visa Direct, further cementing an earlier financial relationship between the two firms, Finextra reports.

BVNK, which processes over $30bn in stablecoin payments annually, will help power Visa Direct’s stablecoin services in select markets, including stablecoin pre-funding, enabling certain select business customers to fund Visa Direct payouts using stablecoins instead of only fiat, and payouts to end recipients in stablecoins - putting digital dollars directly in recipients’ wallets.

Visa Ventures invested in BVNK in May 2025.


Mark Nelsen, global head of product, commercial & money movement solutions at Visa, says: 

“Stablecoins are an exciting opportunity for global payments, with enormous potential to reduce friction and expand access to faster, more efficient payment options - including during weekends, holidays and when banks are closed”.

The rollout will initially focus on markets with strong demand for digital asset payments, he says, followed by broader global expansion "based on customer needs".

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