Global payments service provider Visa's (V) venture capital arm made a strategic investment in BVNK, a startup building stablecoin-based payment infrastructure, in a move that reflects legacy financial financial firms' push into blockchain-powered money movement."Visa’s deep expertise in building global payment networks, combined with our stablecoin infrastructure, creates powerful possibilities for redefining how businesses operate in today's digital economy," BVNK co-founder and CEO Jesse Hemson-Struthers wrote in a blog post on Wednesday.A BVNK spokesperson confirmed in an email that the deal has closed but declined to reveal the size of the investment.BVNK builds software that allows businesses to send and receive stablecoins — crypto tokens pegged to fiat currencies like the U
source: https://www.coindesk.com/business/2025/05/07/visa-doubles-down-on-stablecoins-with-investment-in-blockchain-payments-firm-bvnk