Visa Ventures invests in stablecoin infrastructure platform BVNK to promote global stablecoin payments

Odaily News Visa invested in the stablecoin payment infrastructure platform BVNK through its venture capital arm Visa Ventures. This is Visa's first direct investment in a startup in this field, and is seen as a strong validation of the potential of stablecoins as a global payment infrastructure. BVNK currently processes $12 billion in annual transactions, and its clients include Deel, dLocal and other companies.
Earlier news, the stablecoin infrastructure company BVNK completed a $50 million Series B financing, led by Haun Ventures. (Forbes)