Visa taps BVNK to power stablecoin payouts on Visa Direct
Visa has chosen BVNK to power Visa Direct pilots using stablecoins, enabling pre-funded cross-border payouts to wallets in select markets....
Jan 14CoinTelegrapheconomicsImpact
Visa has chosen BVNK to power Visa Direct pilots using stablecoins, enabling pre-funded cross-border payouts to wallets in select markets....
The integration will enable businesses to fund and receive Visa Direct payouts using stablecoins in select markets....
The initiative comes as enforcement actions and pending market structure legislation raise questions about how privacy tools and open-source developers are treated....
At Davos, Jeremy Allaire said Circle's stablecoin functions as shared infrastructure rather than a competitor to banks or card networks....