Visa Bets on Stablecoin Demand With Funding in BVNK – Decrypt

In short
Visa continues to put money into stablecoin infrastructure, this time backing BVNK.
BVNK builds crypto funds infrastructure for companies.
Visa introduced one other crypto enterprise this week, revealing an funding in stablecoin infrastructure firm BVNK. London-based BVNK introduced the “strategic funding” from Visa through the cost big’s Visa Ventures arm. It didn't reveal the scale of the funding, however mentioned it got here following the agency’s $50 million Sequence B spherical in December. BVNK says it’s constructing a “actual time, 24-7, 365 funds community” for companies utilizing blockchains. Solely final week, Visa introduced that it was partnering with Bridge, a unit of cost companies supplier Stripe, to supply a brand new stablecoin service in Latin America. 
BVNK 🤝 @Visa
We have secured funding from Visa Ventures to increase our stablecoin funds infrastructure globally.
This strategic partnership follows our latest $50M Sequence B and strengthens our mission to offer companies with environment friendly, safe cost rails for the… pic.twitter.com/K5iv9sx2Tq
— BVNK (@BVNKFinance) Could 6, 2025Stablecoins within the crypto world are digital tokens pegged to non-volatile property—often {dollars}. They've usually been utilized by merchants to enter and exit transactions, however in recent times have additionally been widespread in international locations with collapsing currencies. Buyers can purchase stablecoins—which can be found on quite a few high crypto networks, like Ethereum and Solana—and maintain them in digital wallets. Non-public firms Tether and Circle respectively subject the 2 largest stablecoins by market cap, USDT and USDC, although Circle not too long ago filed to go public.Visa’s Head of Progress Merchandise and Partnerships Rubail Birwadker mentioned: “Stablecoins are quick changing into part of international cost flows, and Visa invests in new applied sciences and builders like BVNK, staying on the forefront of what’s subsequent in commerce to higher serve our shoppers and companions.”Neither BVNK nor Visa may instantly be reached for remark.Visa has previously hinted at quite a few crypto-orientated ventures, together with serving to retailers settle for stablecoins on Solana’s community. Its rival, Mastercard, can be pushing forward with stablecoin-related plans, and final week introduced a brand new collab with funds processor Nuvei and crypto change OKX to permit prospects to spend digital tokens. Edited by Andrew HaywardDaily Debrief NewsletterStart daily with the highest information tales proper now, plus unique options, a podcast, movies and extra.