Visa Expands Stablecoin Payments with BVNK Partnership

Visa has launched a pilot with UK-based BVNK, allowing businesses to send stablecoin payouts through Visa Direct. This move comes as stablecoins process trillions of dollars in transactions each year, showing their integration into mainstream payment systems. Visa already processes over $4.5 billion in annualized stablecoin settlement volume, pointing to growing demand for faster settlement. The partnership builds on Visa's earlier tests using USDC on Solana and Ethereum, as well as its investment in BVNK.