BVNK secures Visa investment to drive stablecoin expansion
BVNK has announced a strategic investment from Visa, made through its Visa Ventures arm, to fuel the expansion of stablecoin-based payments in the US.
BVNK, a leading provider of stablecoin payment infrastructure, has welcomed Visa’s investment as a pivotal step toward advancing their shared mission of accelerating the global adoption of stablecoin payments.
“We’re proud to support BVNK as they help accelerate global adoption of stablecoin payments,”said Rubail Birwadker, head of growth products and partnerships at Visa.
“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.”
Processing over bn annually, the infrastructure leader supports clients like Ferrari and Rapyd with sending, receiving, converting and storing stablecoins and fiat.
According to Visa Onchain Analytics, the global stablecoin volume will reach trn across 1.25 billion transactions in 2025, in line with both parties' recognition of stablecoin payments becoming a mainstream form of finance.
“We’re experiencing a once-in-a-generation shift to a new foundational payment technology, powered by stablecoins,” BVNK co-founder and CEO Jesse Hemson Struthers said in the release.
“At BVNK, we’re building the infrastructure to make these new rails accessible to businesses, empowering them to operate at the speed of today’s economy.”
The recent investment follows BVNK's USm Series B funding round completed in December 2024, that included participants such as Coinbase Ventures, Scribble Ventures and DRW VC.