Visa Ventures invests in stablecoin infrastructure platform BVNK to promote global stablecoin payments
2025-05-07 02:16
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)
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