Visa’s venture arm is focused on enhancing blockchain payment networks by investing in BVNK, which recently completed a $50 million Series B funding round. This partnership aims to integrate Visa’s extensive payment expertise with BVNK’s stablecoin technology.
BVNK processes a staggering $12 billion in annual stablecoin payments, facilitating international transactions for various businesses. With recent expansions into the U.S., BVNK is set to increase its market presence in major cities like San Francisco and New York.
In a groundbreaking move, New Hampshire has authorized state funds to invest in Bitcoin, marking a significant step towards integrating cryptocurrency into public finance. This could set a precedent for other states looking to explore digital asset investments.
Leave a Reply