Visa Invests in Stablecoin Platform BVNK
- Visa Ventures invested in BVNK, a stablecoin payment infrastructure provider.
- The investment follows BVNK’s $50 million Series B fundraising led by Haun Ventures.
- BVNK processes $12 billion annually and expanded to the US with new offices in San Francisco and New York.
- This marks Visa’s first strategic investment in stablecoin infrastructure.
- Visa is expanding its stablecoin strategy with partnerships like Bridge for global integration.
Visa Ventures’ investment in BVNK aligns with its strategy to integrate stablecoin payments globally, following BVNK’s $50 million Series B round aimed at US expansion.
Source (2.6)https://cryptobriefing.com/visa-stablecoin-investment-bvnk/?rand=59535
