Visa and BVNK Unveil Stablecoin Payouts for Faster Global Payments
Visa partners with BVNK to add stablecoin payouts to Visa Direct, enabling near-instant, global digital payments for businesses. The rollout starts in select markets, with plans for broader expansion.
Visa has entered a strategic partnership with BVNK to integrate stablecoin payouts into its Visa Direct real-time payments network. This collaboration enables businesses in select markets to pre-fund and distribute payments using stablecoins such as USDC and PYUSD, delivering funds directly to recipients’ digital wallets. The integration aims to reduce settlement times, bypass traditional banking delays, and offer near-instant, borderless transfers. BVNK provides the stablecoin infrastructure, ensuring regulatory compliance and supporting enterprise-grade digital asset usage. The initiative is positioned as a hybrid approach, combining Visa’s global payment scale with blockchain settlement technology. The rollout will begin in regions with high demand for digital asset payments, with plans for broader expansion. All transactions will adhere to local compliance standards. Visa’s move reflects a broader strategy to modernize payment infrastructure, enhance flexibility, and meet growing demand for programmable, efficient, and always-on payment solutions.