FinTech company BVNK will serve as the infrastructure provider for stablecoin payments as part of pilot programs on the Visa Direct money transfer platform.
BVNK, a technology company providing infrastructure for corporate stablecoin payments, entered into a strategic partnership with payments giant Visa. Under the agreement, the FinTech company will support Visa Direct’s stablecoin services, including prefunding and stablecoin payouts for corporate clients.
According to Mark Nelsen, Global Head of Product, Commercial & Money Movement Solutions at Visa, the partnership will enable businesses to fund Visa Direct payouts not only in fiat currency but also in stablecoins, as well as to transfer funds to end recipients in digital assets directly to their wallets.
BVNK processes more than $30 billion in stablecoin payments annually.
The total transaction volume of the Visa Direct money movement network amounts to $1.7 trillion.
Jesse Hemson-Struthers, CEO of BVNK, added that the partnership aims to expand cross-border settlement options, increase payout speed, and improve fund availability, including during periods when banking infrastructure is limited, such as weekends and public holidays.
BVNK will provide infrastructure to expand Visa Direct’s functionality in approved jurisdictions. The pilot launch of the joint initiative will focus on markets with high demand for settlements using digital assets, after which Visa plans to scale the solution globally in line with customer needs.
Visa announced the integration of stablecoins into the Visa Direct platform in September 2025. Later, Visa expanded stablecoin support and enabled companies to send payouts directly to recipients’ stablecoin wallets. By the end of the year, Visa launched a consulting division to advise banks, FinTech companies, and corporate Visa clients on the use of stablecoins, and also officially began settling with financial institutions in the United States using USDC.
In turn, in 2025, BVNK announced the launch of a first-of-its-kind B2B payment solution that combines traditional currencies and stablecoins for international transactions.
