Visa and Mesh Partner to Enable Crypto and Stablecoin Payments at Over 175 Million Merchant Locations
Key Takeaways
- •The partnership lets users of participating digital wallets spend crypto and stablecoin balances at any merchant accepting Visa, without cashing out to a bank account or using a separate crypto card.
- •Mesh will handle transaction funding, conversion between cryptocurrencies, stablecoins, and fiat, along with customer onboarding and KYC, so merchants are paid through the card network as usual and never touch digital assets.
- •Visa's acceptance network reaches more than 175 million merchant locations in over 200 countries and territories, giving the integration broad global reach.
- •The specific participating wallets, supported devices, and launch dates have not yet been announced and will be confirmed as rollout plans are finalized.
- •The deal follows Mesh's September integration with Bybit Pay and its January $75 million funding round led by Dragonfly, which valued the company at $1 billion.

Visa and crypto payments network Mesh have partnered to allow consumers to spend cryptocurrency and stablecoin balances directly from digital wallets at merchants across Visa's global payment network.
According to a Monday announcement from Mesh, the integration will let users of participating wallets pay in stores or online without transferring funds to a bank account or obtaining a separate crypto card. In effect, wallet balances function more like everyday spending money, with no cash-out step between the balance and a purchase at a checkout that already accepts Visa. Merchants will receive payments through Visa's existing network without changing their checkout systems.
Visa's network covers more than 175 million merchant locations across over 200 countries and territories. Mesh said participating wallets, supported devices, and launch dates will be announced as rollout plans are finalized. Until those plans are set, the named wallets, supported devices, and launch timeline stand out as the details to watch.
Under the partnership, Mesh will handle transaction funding and conversion between cryptocurrencies, stablecoins, and fiat currencies, with Visa payment credentials provisioned through participating wallet apps. The company will also manage customer onboarding and Know Your Customer (KYC) requirements. Because conversion and funding sit with Mesh, merchants are paid through the card network as usual and do not need to handle digital assets at the point of sale.
Stablecoins are blockchain-based tokens designed to hold a stable value against a reference asset, most commonly the US dollar, and have become one of the most widely used ways to move money on public blockchains. Visa has been building out its digital-asset capabilities for several years, including settling transactions in USD Coin (USDC) with crypto industry partners since 2021. Regulatory clarity in the United States, including the GENIUS Act signed into law in July 2025, has coincided with growing interest in stablecoin payments among major financial firms.
The partnership follows Mesh's integration with Bybit Pay in September, which allowed users to spend directly from their exchange balances on supported platforms. In January, Mesh raised $75 million in a Dragonfly-led funding round that valued the company at $1 billion.
Originally reported by Cointelegraph: Visa and Mesh Team Up to Expand Crypto and Stablecoin Payments