Visa’s venture arm takes stake in stablecoin infrastructure startup BVNK

Sarajevo, Bosnia and Herzegovina - December 21, 2016: closeup pile of credit cards, Visa and MasterCard, credit, debit and electronic on ceramic surface background

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Visa’s (NYSE:V) venture unit made an investment in stablecoin infrastructure startup BVNK, which is currently processing $12B in annualized stablecoin volume, according to a Wednesday blog post.

“Visa’s deep expertise in building global payment networks, combined with our stablecoin infrastructure, creates powerful

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