Visa’s BVNK Partnership Brings Stablecoin Payouts to Visa Direct, Raising Custody and Transparency Questions
Visa confirmed an integration with BVNK to support stablecoin-funded payouts over Visa Direct, positioning the initiative as a way to deliver 24/7, near-instant disbursements into recipients’ digital wallets. The objective is to reduce dependency on traditional banking hours for cross-border remittances, payroll, and creator/gig-economy payouts while leveraging a network that already moves roughly $1.7 trillion […]
Visa offers stablecoin settlement for U.S. banks using Circle’s USDC on Solana
Visa has enabled U.S. issuer and acquirer banks to settle VisaNet obligations in Circle’s USDC on the Solana blockchain, reaching an annualized settlement run rate of $3.5 billion as of November 30, 2025. The initiative targets merchant payouts, cross-border transfers and corporate treasury flows, introducing near-instant, 24/7/365 settlement finality as a structural alternative to traditional […]