Visa has invested in BVNK, a stablecoin infrastructure startup, aiming to tap into the growing demand for stablecoins and their potential future use cases. 

Based out of London, BVNK provides stablecoin and crypto infrastructures for businesses. Visa Venture’s strategic investment will allow BVNK to expand its stablecoin solutions globally.

The investment comes as Mastercard announces plans to integrate stablecoin payments, allowing merchants and buyers to accept stablecoins as currency.

Visa invests in stablecoin infrastructures via UK startup BVNK

Visa Ventures has invested an undisclosed amount in stablecoin solutions startup BVNK, based out of London. The investment comes after the firm’s recent $50 million Series B in December 2024.

The strategic investment will allow BVNK to expand its services globally, inviting businesses to adopt stablecoin payment infrastructures. 

From BVNK:

We’re experiencing a once-in-a-generation shift to a new foundational payment technology. The numbers speak for themselves: $27 trillion in stablecoin volume processed globally across 1.25 billion transactions. This isn’t just incremental innovation—it’s a fundamental reimagining of how money moves.

According to BVNK CEO Jesse Hemson Struthers, BVNK identified and believed that stablecoins would become useful payment rails and alternatives to traditional legacy banking systems. 

BVNK has built its stablecoin infrastructures from scratch to automate and provide secure, stablecoin solutions at a global scale for businesses ready to make the leap into a new way of doing payments. 

Speaking on BVNK, Visa’s Rubail Birwadker, Head of Growth Products and Partnerships, said Visa is on the lookout for new builders and technologies, such as BVNK, who are developing stablecoin solutions, “stablecoins are fast becoming a part of global payment flows”.

BVNK is currently processing $12 billion in annualized stablecoin payment volumes for their customers, allowing them to move money globally with speed, security, and efficiency. 

Mastercard embraces stablecoins by integrating them into payment system

This month, Mastercard announced plans to enable stablecoin payments, making it possible for vendors and buyers to use stablecoins for payment processes. 

The end-to-end capabilities will create a seamless ecosystem for stablecoin payments via Mastercard. It’s expected that regulated stablecoins such as USDC and EURC may be implemented first.

Stablecoin implementations will be done in partnership with cryptocurrency exchange OKX and Nuvei, a Canadian payments processor.