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TechFlow, May 7 — According to Forbes, Visa has invested in BVNK, a stablecoin payment infrastructure platform, through its venture capital arm Visa Ventures. This marks Visa's first direct investment in a startup within this sector and is seen as strong validation of stablecoins' potential as global payment infrastructure. BVNK currently processes $12 billion annually, serving clients including Deel and dLocal.
According to Forbes, Visa has invested in BVNK, a stablecoin payment infrastructure platform, through its venture capital arm Visa Ventures. This marks Visa's first direct investment in a startup within this sector and is seen as strong validation of stablecoins' potential as global payment infrastructure. BVNK currently processes $12 billion annually, with clients including Deel and dLocal.
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