Visa Invests in BVNK

Visa is taking a step further into stablecoin technology with a new investment in UK-based payments firm BVNK. The move highlights Visa’s growing focus on stablecoin-based systems for faster, automated business-to-business transactions.

Good to know

• BVNK is already processing $12 billion in annualized stablecoin payment volume.
• The firm plans to expand into the US market this year.
• Visa’s investment amount has not been disclosed.

BVNK’s CEO Jesse Hemson-Struthers shared the update in a company blog post, describing stablecoins as a modern alternative to traditional banking networks. He said BVNK was built specifically to automate stablecoin transactions at scale, giving businesses a faster and more efficient way to move funds globally.

“At BVNK, we recognized early that stablecoins would emerge as an instant global payment rail,” he wrote. “We’re currently processing $12 billion in annualized stablecoin payment volumes, enabling our customers to move money globally with unprecedented speed and efficiency.”

Visa, long known for its role in reshaping global payment systems, has shown increasing interest in blockchain-based networks. The company has tested settlement using USDC (USD Coin) and previously partnered with Circle. Its latest move with BVNK fits into a wider push to adapt to new trends in payment infrastructure.

Rubail Birwadker, Visa’s head of growth products and partnerships, commented on the investment, saying, “Stablecoins are fast becoming a part of global payment flows, and Visa invests in new technologies and builders like BVNK.”

BVNK closed a $50 million Series B funding round in December, with support from major backers including Coinbase Ventures. The firm now sets its sights on entering the US market, using its infrastructure to serve a wider range of clients and partners.

Hemson-Struthers added, “Collaborating with Visa, the original payments innovator, will help us expand into the US and change how businesses operate digitally.”