The strategic investment, announced this week by BVNK CEO Jesse Hemson Struthers, follows BVNK’s $50 million Series B funding round in December 2024 led by Haun Ventures. Coinbase Ventures, Tiger Global, and others also participated. Visa did not disclose financial terms of the deal.
BVNK processes $12 billion in annualized stablecoin payment volumes, facilitating cross-border transactions for businesses. The company recently expanded into the U.S., opening offices in San Francisco and New York. Executives from Blockfi and Cross River Bank lead its stateside operations.
Rubail Binwadker, Visa’s head of growth products and partnerships, stated stablecoins are “fast becoming part of global payment flows,” emphasizing Visa’s focus on emerging payment technologies.
The partnership aims to merge Visa’s payment network expertise with BVNK’s automated stablecoin systems. Stablecoins, which are pegged to assets like the U.S. dollar, accounted for $27 trillion in global transaction volume across 1.25 billion transactions in 2025, per Visa data.
Struthers co-founded BVNK in 2021 to create infrastructure for instant, scalable transactions. The firm claims its technology reduces reliance on traditional correspondent banking. Visa’s investment adds to growing institutional interest in blockchain-based payment solutions this year.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。