🚨#VISA BACKS #STABLECOINS WITH FIRST-EVER INVESTMENT IN BVNK
🔹Visa Ventures makes first direct stablecoin infra investment in UK-based BVNK
🔹Move seen as “powerful validation” of stablecoins’ role in global payments
🔹#BVNK processes $12B annually, serving firms like Deel, dLocal, Rapyd
🔹visa aims to link 4.8B cards, 150M merchants with crypto payments via partners
🔹Investment supports Visa’s “stablecoin sandwich” model for fiat-settled crypto payments
🔹Comes amid regulatory clarity and rising demand for USDC, now over $62B market cap
- Forbes (May 6, 2025)