Visa Expands Stablecoin Payouts With BVNK Partnership

[johnblockbuster]

Visa has selected UK-based stablecoin infrastructure firm BVNK to power new Visa Direct pilots that allow business customers to pre-fund cross-border payouts using stablecoins. The initiative enables digital US dollars to be delivered directly to recipients’ wallets in select markets, bypassing some of the friction found in traditional banking rails.

The move builds on Visa’s earlier experiments with onchain settlement using USDC across networks such as Ethereum and Solana. Visa executives described stablecoins as an opportunity to modernize money movement, especially for payments that need to operate outside standard bank hours.

[etfs]

visa quietly doing more for crypto adoption than half the loud startups lol