Visa Bets Big on Stablecoins: Plows Investment Into Blockchain Payments Player BVNK
Visa just doubled down on crypto’s most regulated sector—stablecoins—with a strategic investment in BVNK, a blockchain payments infrastructure firm. The move signals Visa’s conviction that stablecoins will dominate cross-border settlements despite regulatory headwinds.
Why it matters: Traditional finance giants aren’t just dipping toes in crypto anymore—they’re diving headfirst into infrastructure plays. BVNK’s rails could give Visa a backdoor into DeFi liquidity pools.
The cynical take: Another ’strategic partnership’ where legacy finance co-opts crypto innovation... just in time to monetize the tech they spent years lobbying against.