Visa partners with BVNK to offer "Stablecoin Disbursement Functionality"! Targeting payroll and cross-border remittance scenarios

Global payments leader Visa announced on Wednesday that it has officially integrated BVNK’s stablecoin infrastructure into its real-time payment platform Visa Direct, further expanding Visa’s payment network to a scale of $1.7 trillion, opening new pathways for global fund transfers. According to the cooperation announced on Wednesday, Visa will introduce BVNK’s stablecoin technology, allowing business customers in specific markets to pre-fund transactions with stablecoins and then directly transfer funds to the recipient’s digital wallet. This means that businesses are no longer constrained by traditional banking operational times and cross-border settlement frictions.

Visa Direct is currently widely used in various “instant payment” scenarios, including corporate payroll, freelancer payments, and cross-border remittances. By integrating stablecoins, Visa aims to break through the operational limitations of traditional banks. In the future, funds can be credited within seconds, regardless of late nights or weekends. Mark Nelsen, Head of Global Products at Visa, stated: “Stablecoins open an exciting new chapter for global payments, demonstrating great potential in reducing transaction friction and providing more efficient payment options.” In this partnership, BVNK will be responsible for providing stablecoin transfer and settlement infrastructure. Headquartered in the UK, this company processes over $30 billion in stablecoin payments annually and has established a certain scale and track record in institutional-grade stablecoin payments. Notably, Visa had already invested in BVNK through its venture capital arm in May 2025, and Citigroup followed with a strategic investment five months later. This deepening cooperation is seen as a further boost of confidence by traditional financial institutions that stablecoin infrastructure can be integrated into the mainstream financial system.