Through its venture arm, Visa backed BVNK to collaborate on building institutional-grade stablecoin payment rails. The partnership seeks to streamline on-ramps and off-ramps between fiat and digital currencies, enabling faster, more transparent cross-border transactions for corporate clients.
Visa’s investment also underscores its broader strategy to integrate blockchain technology within its global network. By partnering with BVNK, Visa gains insights into digital asset custody and compliance, positioning itself to offer new value-added services as stablecoin adoption grows.