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Visa (V) Doubles Down on Stablecoins With Strategic Investment in Blockchain Payments Firm BVNK

  • Visa Ventures invested strategically in BVNK, a London-based stablecoin payment infrastructure firm, announced on Thursday 2025-05-08.
  • This investment follows BVNK's $50 million Series B round last December, which was intended to support the company's growth in the United States through the establishment of new locations on the West and East coasts.
  • BVNK processes about $12 billion in stablecoin transactions annually and recently launched an embedded wallet linking fiat and blockchain payments.
  • Visa's Rubail Birwadker said the firm invests in builders like BVNK as stablecoins are fast becoming part of global payments, enabling new commerce possibilities.
  • This deal highlights Visa's push to integrate stablecoins and blockchain into cross-border payments, though regulatory and fee challenges remain for broader adoption.
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paymentsdive.com broke the news in on Tuesday, May 6, 2025.
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