Visa Joins Forces with BVNK to Enable Stablecoin Transactions via Visa Direct

Visa is partnering with BVNK to facilitate stablecoin payments across the Visa Direct network, part of its larger effort to incorporate digital assets into the global payments landscape.

Key Takeaways

Visa has partnered with BVNK to provide stablecoin payment capabilities on the Visa Direct network.
This collaboration enhances options for cross-border transactions using stablecoins in addition to traditional currencies.
The onboarded stablecoin infrastructure aims to facilitate faster settlements and 24/7 access, which is especially advantageous for international payments.
This partnership builds on an existing relationship between Visa and BVNK, highlighting a strategy to modernize money movement without eliminating traditional methods.
The service will launch in select markets initially, with plans for broader expansion based on demand and regulatory updates.

Visa

This collaboration enables Visa Direct customers to explore fresh opportunities for international transactions, allowing them to use stablecoins alongside traditional fiat currencies, enhancing flexibility for businesses and individual users alike.

Enhancing Visa Direct with Stablecoins

Visa Direct is an instant money transfer network that handles an impressive $1.7 trillion in transactions each year, enabling payments to cards, bank accounts, and digital wallets.

Through the new partnership, BVNK will supply the stablecoin infrastructure needed for certain business clients to pre-fund Visa Direct payments using stablecoins, thereby moving away from a sole reliance on fiat currencies.

The integration will also facilitate direct payouts to end users in stablecoins, depositing digital dollars directly into their wallets. This innovation promises quicker settlements, around-the-clock accessibility, and decreased dependency on conventional banking hours, particularly beneficial for cross-border and treasury applications.

BVNK reports processing over $30 billion in stablecoin transactions annually and will initially launch Visa Direct’s stablecoin services in specific markets demonstrating significant demand for payments based on digital assets.

Strengthening an Existing Partnership

This announcement marks a new phase in the evolving relationship between Visa and BVNK, which deepened when Visa Ventures made an investment in BVNK in May 2025.

Visa has stated that this collaboration is a portion of its broader initiative to investigate how stablecoins can revolutionize money movement by complementing existing payment systems without making them obsolete.

Stablecoins as a Foundation for Payment Infrastructure

Mark Nelsen, Visa's Global Head of Product for Commercial and Money Movement Solutions, emphasized that stablecoins have the potential to reduce challenges in global money transfers and provide quicker, more efficient settlement options.

He underscored their practicality for conducting transactions during weekends, holidays, and times when traditional banks are not operational, viewing stablecoins as a valuable enhancement to current payment networks.

BVNK CEO Jesse Hemson-Struthers describes stablecoins as more than just a novel payment method; he sees them as a vital layer of the modern payments infrastructure.

By embedding stablecoins directly into Visa’s network, the partnership aspires to grant businesses and consumers greater control over the timing and manner of funds transfers.

Gradual Rollout and Global Vision

The initial rollout of this service will commence in select markets with robust demand for digital asset payment solutions, with aspirations to expand further based on customer requirements and regulatory factors.

For businesses, this integration brings increased options for treasury management, cross-border payments, and liquidity, while preserving the dependability and trust that comes with Visa’s global network.