Visa Partners With BVNK to Enable Stablecoin Payouts on Visa Direct

Payments giant Visa has partnered with London-based stablecoin infrastructure provider BVNK to enable stablecoin-funded payouts across Visa Direct, expanding the network’s payment options beyond traditional fiat rails. Under the partnership, BVNK will power stablecoin payments for Visa Direct, Visa’s $1.7 trillion money-movement platform, according to a press release issued Wednesday. The integration will allow select business customers to pre-fund payouts using stablecoins and send funds directly to re ...