Visa picks BVNK to power Visa Direct pilots for stablecoin wallet payouts
Visa selected UK-based BVNK to support Visa Direct pilots that enable some business customers to pre-fund cross-border payouts in stablecoins and send digital U.S. dollars to eligible wallets in select markets. The initiative extends prior onchain settlement tests with USDC on Ethereum and Solana and is aimed at enabling money movement outside traditional banking hours.