In a world where money moves like a drunk ballet dancer, BVNK and Visa have struck a deal to let stablecoins waltz through Visa Direct. Imagine, if you will, a system where businesses can send digital dollars faster than a poet’s sigh at dawn-even when banks are napping or hosting weekend brunches. 🤡
Stablecoin Infrastructure: The New Kid on the Visa Block
BVNK, with the grace of a circus acrobat, now offers infrastructure to pre-fund Visa Direct payouts using stablecoins. Why settle for fiat when you can have digital dollars? Approved clients can now hoard these shiny tokens and fling them through Visa’s network like confetti at a crypto-themed carnival. No need for banks-unless they’re serving champagne. 🎭
Recipients, bless their souls, can now receive payouts directly into stablecoin wallets. No more waiting for banks to open; just instant gratification and the sweet sound of digital cash clinking in your digital piggy bank. Ideal for payroll, contractor paychecks, or when you need to send money across borders faster than a gossip spreads in a village. 🚀
Visa Direct already processes $1.7 trillion annually. With stablecoins, they’re now turning weekends and holidays into payment superhighways. Because why let banks sleep when you can let money work overtime? 🛌→💼
BVNK, the unsung hero of stablecoin processing (30 billion a year, 130 countries), will handle settlements with the precision of a Kremlin archivist. All within regulatory frameworks, of course-because even in this chaos, someone must pretend to care about rules. 📜
The rollout will begin in regions where digital assets are as common as bad poetry. Further expansion? Well, that depends on how many customers actually use this and whether local regulators stop pretending they understand what a “stablecoin” is. 🤷♂️
Earlier, Coinspeaker noted BVNK raised $50 million. Their CEO, Jesse Hemson-Struthers, called stablecoins “an upgrade for legacy systems.” One might say he’s upgrading from a horse-drawn carriage to a rocket ship… if the rocket had Wi-Fi. 🚀📶
Visa’s Stablecoin Gambit: A Romantic Gesture?
This partnership is the sequel to Visa’s 2025 investment in BVNK. Back then, they bet on stablecoins like a gambler at a roulette table. Now, they’re rolling the dice again, hoping stablecoins will reduce payment friction and let businesses access funds faster than a bureaucrat loses a file. 📁🔥
In December, Visa launched stablecoin settlement in the US using USDC. A bold move, or perhaps a desperate attempt to look trendy. Either way, BVNK’s leadership dreams of stablecoins becoming as mundane as toothpaste-part of daily life, not a niche product for crypto fanatics. 🧼
BVNK already partners with Worldpay, Deel, and Flywire. Now, with Visa Direct, they’ve joined the most exclusive payment club in the world. As adoption grows, stablecoins may yet become the financial equivalent of a well-timed joke-ubiquitous, inevitable, and slightly absurd. 😂
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2026-01-14 14:57