Visa focuses on stablecoin: strategic investment in BVNK to revolutionize global payments

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In a crucial moment for the evolution of the financial sector, Visa has announced a strategic investment in BVNK, one of the most innovative entities in the field of stablecoin-based payment infrastructures

The operation, conducted through the Visa Ventures division, represents much more than a simple capital contribution: it is a clear signal of trust in BVNK’s vision and the direction the future of global payments is taking.

According to Jesse Hemson Struthers, CEO and co-founder of BVNK, this collaboration represents a turning point: “It is a powerful validation of our vision to modernize global payments through stablecoin technology”. 

A statement that reflects the growing importance of stable cryptocurrencies as a tool to simplify, speed up, and make international transactions more accessible.

Stablecoin: the new frontier of payments for Visa 

The payment sector is undergoing a monumental transformation. The data is clear: by 2025, the global volume of transactions in stablecoin has reached 27 trillion dollars, distributed over 1.25 billion operations

These numbers do not represent a simple incremental progress, but a true revolution in the way money moves around the world.

BVNK was among the first companies to grasp the potential of stablecoins as a alternative to the traditional correspondent banking system

For this reason, he built from scratch a platform capable of automating and orchestrating payments in stablecoin on a large scale, making this technology accessible to businesses of all sizes.

The entry of Visa into the capital of BVNK comes at a time of strong expansion for the company. 

In December, BVNK had already closed a Series B funding round of 50 million dollars, led by Haun Ventures and with the participation of prominent names such as Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir, and Tiger Global.

This continuous support from high-profile investors has allowed BVNK to accelerate its growth trajectory, consolidating its position as a central player in the digital payments landscape.

The collaboration between Visa and BVNK brings together two complementary worlds: on one side, Visa’s decades of experience in building global payment networks; on the other, BVNK’s agility and innovation in the field of crypto-native infrastructures.

Rubail Birwadker, head of growth products and partnerships at Visa, emphasized the strategic value of the operation: 

Stablecoins are rapidly becoming an integral part of global payment flows, and Visa invests in new technologies and builders like BVNK to stay at the forefront of commerce and better serve customers and partners.” 

Concrete impact for businesses

Beyond the strategic vision, BVNK can already boast tangible results. 

Currently, the company manages an annualized volume of payments in stablecoin equal to 12 billion dollars, offering its clients the possibility to transfer funds globally with unprecedented speed and efficiency.

This real impact is what makes BVNK technology particularly relevant for businesses operating in an increasingly digitized and interconnected economy. 

The solutions offered allow overcoming the limitations of traditional banking systems, opening new opportunities for international trade.

The year 2024 also marked the official entry of BVNK into the US market, with the opening of offices in San Francisco and New York City. Leading this expansion is a high-level team, which includes former executives from prominent fintech companies such as BlockFi and Cross River.

This strategic move strengthens BVNK’s global presence and allows it to operate in one of the most dynamic and regulated markets in the world, bringing its stablecoin payment infrastructure to an even wider audience.

Visa’s investment in BVNK is not just a financial operation, but a clear signal of how large institutions are recognizing the potential of technologies blockchain and stable cryptocurrencies in redefining the global economy.

As Jesse Hemson Struthers stated, 

Visa’s deep experience in building global payment networks, combined with our stablecoin infrastructure, creates extraordinary possibilities to redefine how businesses operate in today’s digital economy”.

Conclusion: the future of payments has already begun

With the support of a giant like Visa and a solid base of investors, BVNK positions itself as one of the protagonists of the digital transformation of payments

Stablecoin are no longer a future promise, but a concrete reality that is already revolutionizing the way money moves in the world.

In a context where speed, transparency, and efficiency are increasingly crucial, the infrastructure developed by BVNK represents an innovative and scalable response to the needs of modern enterprises. 

And with the support of Visa, the journey towards a smoother and more inclusive global payment system has just begun.