Visa is officially taking a major step toward modernizing cross-border transactions by partnering with UK-based stablecoin infrastructure provider, BVNK. This collaboration powers a new pilot for the Visa Direct program, enabling business clients to pre-fund international payments using stablecoins. Through this system, digital US Dollars can be delivered directly to a recipient’s wallet in selected markets. This move builds upon a strategic investment Visa Ventures made in BVNK in May 2025, reflecting a broader industry race among credit card giants to integrate tokenized dollars into their core treasury and payment frameworks.
Executives at Visa view this initiative as a critical component of their long-term vision to evolve global money movement. By utilizing stablecoin pathways that operate independently of traditional banking hours, Visa aims to provide a faster and more flexible alternative for its users. Highlighting stablecoins as a "compelling opportunity" for the future of finance, the company is effectively bypassing the limitations of legacy banking systems to offer seamless, 24/7 global liquidity and settlement options.