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Visa Doubles Down on Stablecoin Infrastructure With Strategic Investment in BVNK
Visa Doubles Down on Stablecoin Infrastructure With Strategic Investment in BVNK
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Visa’s venture arm has placed another bet on blockchain-based payments, leading a strategic investment in London fintech BVNK. The move follows BVNK’s $50 million Series B round last December, though terms remain undisclosed.
BVNK specializes in building enterprise-grade infrastructure for crypto payments, touting its "real-time, 24-7" blockchain settlement network. The partnership signals Visa’s accelerating stablecoin strategy - coming just days after its Latin American stablecoin initiative with Stripe’s Bridge unit.
Payment giants are increasingly hedging their traditional rails with crypto alternatives. Visa’s back-to-back stablecoin plays suggest institutional demand for dollar-pegged digital assets is reaching critical mass.
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