Visa partners with BVNK to bring stablecoin payment methods to Visa Direct

Visa has partnered with BVNK to implement stablecoin payments on the Visa Direct network, marking a new step forward in the strategy to integrate digital assets into global payment infrastructure. Under the agreement, BVNK will provide stablecoin infrastructure, allowing some corporate clients to preload funds for Visa Direct transactions using stablecoins instead of relying solely on fiat currency.

Visa Direct is currently a real-time money transfer network, processing approximately $1.7 trillion annually, supporting payments to cards, bank accounts, and e-wallets. Integrating stablecoins helps expand cross-border payment options, shorten processing times, operate 24/7, and reduce dependence on traditional banking hours. Additionally, recipients can receive money directly in stablecoins into their digital wallets.

Visa states that stablecoins will serve as an auxiliary infrastructure layer, helping to modernize the flow of money, while BVNK considers this the core foundation of a modern payment system. The rollout will begin in high-demand markets before expanding globally based on legal conditions and customer needs.