Visa Invests in Stablecoin Payments Firm BVNK to Expand Blockchain Infrastructure
Visa’s venture capital arm has made a strategic investment in BVNK, a startup specializing in stablecoin-based payment solutions. The move underscores traditional finance’s accelerating adoption of blockchain technology for global money movement.
"Visa’s payment network expertise combined with our stablecoin infrastructure unlocks transformative potential for digital business operations," said BVNK CEO Jesse Hemson-Struthers. While the investment size remains undisclosed, the partnership signals growing institutional validation for dollar-pegged cryptocurrencies.