Visa Backs BVNK in Strategic Move to Boost Stablecoin Payment Networks
- Visa’s venture arm has invested in BVNK, a stablecoin infrastructure firm.
- The investment aims to enhance global payment networks using blockchain currencies.
- The strategic investment was announced by BVNK CEO Jesse Hemson Struthers.
- This follows BVNK’s $50 million Series B funding round in December 2024.
Visa has made a strategic investment in BVNK, as announced by CEO Jesse Hemson Struthers, following the firm’s $50 million Series B funding round. This move is intended to advance global payment networks through blockchain-based currencies.
Source (2.6)https://news.bitcoin.com/visa-backs-bvnk-in-strategic-move-to-boost-stablecoin-payment-networks/?rand=52384
