PANews reported on January 14th that, according to CoinDesk, Visa announced a partnership with stablecoin payment infrastructure company BVNK to integrate stablecoin functionality into its Visa Direct real-time payment network. This partnership will allow businesses in select markets to pre-fund payments with stablecoins and directly distribute funds to the recipient's digital wallet. BVNK will provide the underlying infrastructure to process and settle these stablecoin transactions; the company currently processes over $30 billion in stablecoin payments annually. Visa invested in BVNK through its venture capital arm in May 2025, and Citigroup subsequently made a strategic investment.