BVNK has secured backing from Visa Ventures, marking the payments giant's latest move to integrate stablecoin technology into its global network.

Stablecoin payments infrastructure provider BVNK has secured a strategic investment from Visa, deepening the traditional payments giant's push into blockchain-based settlement technologies.

Stablecoin payments infrastructure provider BVNK has secured a strategic investment from Visa, deepening the traditional payments giant’s push into blockchain-based settlement technologies.

The investment, made through Visa Ventures, was announced Tuesday by BVNK CEO Jesse Hemson-Struthers, although the financial terms weren’t disclosed.

This partnership follows BVNK’s $50 million Series B round in December 2024, which was led by Haun Ventures and included backing from Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir, and Tiger Global.

"This partnership is about more than capital; it's about powerful validation of our vision to upgrade global payments with stablecoin technology," Hemson-Struthers said.

Crypto.news reached out to both BVNK and Visa multiple times, but neither responded by the time of publication.

In the announcement, Visa's head of growth products and partnerships, Rubail Birwadker, said that stablecoins "are fast becoming a part of global payment flows, and Visa invests in new technologies and builders like BVNK, staying at the forefront of what’s next in commerce to better serve our clients and partners."

According to its website, BVNK claims to process $12 billion in annualized stablecoin payment volume and says it built its platform from the ground up to support automated, high-volume transactions. The firm positions its service as an alternative to the traditional correspondent banking system, which it says is too slow and expensive for many modern business needs.

"At BVNK, we recognized early that stablecoins would emerge as an instant global payment rail and a viable alternative to the traditional correspondent banking system. That’s why we’ve built our infrastructure from the ground up to automate and orchestrate stablecoin payments at scale, making these new rails accessible to businesses of all sizes."

Hemson-Struthers

The partnership also marks a continuation of Visa's broader push into stablecoin-based payment technologies. In late April, Visa partnered with Stripe-acquired Bridge startup to enable fintechs to issue Visa cards that draw directly from stablecoin balances.

The new product, initially launching in six Latin American countries, allows users to fund cards with stablecoins, which are then converted to local fiat at the point of sale. Merchants receive payments in their local currencies, with no exposure to crypto volatility.

"This is a massive unlock for developers," said Bridge CEO Zach Abrams, adding that everyone "will be able to use stablecoins with just a tap."

This integration was framed as part of Visa's broader strategy to expand financial choice for consumers and developers by integrating stablecoins securely into its global network, according to Visa's chief product and strategy officer, Jack Forestell.

"We’re focused on expanding the financial options available to our clients and partners by bringing new technologies and capabilities to market quickly and efficiently," Forestell said.

"We’re always looking for ways to innovate and provide optimal solutions for the ever-evolving needs of the ecosystem."

"This partnership is a testament to the growing interest in stablecoins as a viable payment method, and we're excited to see what the future holds for this technology," a Visa spokesperson told Crypto.News in an email.

"We're constantly exploring new technologies and partnerships that align with our core strengths and provide value to our clients and partners."

"We're particularly excited about what it means to partner with Visa—the original payments innovator," said Hemson-Struthers. "Together, we can bring together the best of both worlds."

"We look forward to combining Visa's unmatched expertise in building and scaling global payment networks with BVNK's leading-edge stablecoin infrastructure to create truly powerful possibilities."

"As a new class of technologies are emerging to modernize the financial system, we're focused on investing in and integrating these technologies to stay ahead of the curve and provide optimal solutions for the evolving needs of our clients and partners," said Rubail Birwadker, head of growth products and partnerships at Visa.

"We're also seeing stablecoins becoming a part of global payment flows. We're investing in technologies and builders like BVNK to stay at the forefront of what’s next in commerce to better serve our clients and partners."

According to BVNK, its stablecoin rails could help redefine how businesses operate in the digital economy, especially in regions with limited access to efficient cross-border banking.

The firm has also been expanding into the U.S. market, opening offices in San Francisco and New York earlier this year. Its U.S. operations are being led by former BlockFi executive Amit Cheela and former Cross River executive Keith Vander Leest.

"The potential of stablecoins is enormous, and we're excited to be investing in this space," said a Haun Ventures spokesperson.

"We believe that BVNK's technology has the power to revolutionize the way businesses move money and could unlock a trillion-