Visa expands stablecoin payouts with Zerohash partnership

Visa and Zerohash enable global stablecoin payouts and liquidity management on Visa Direct, offering 24/7 settlement and faster access to funds for businesses worldwide.

Visa has expanded stablecoin functionality on its Visa Direct platform through a partnership with Zerohash. This collaboration enables eligible clients to pre-fund merchant accounts and send global payouts using stablecoins. Zerohash provides the necessary technology, settlement framework, liquidity solutions, and regulatory support for these transactions. The integration allows businesses to manage cross-border liquidity and settle transactions 24/7, independent of traditional banking hours. Recipients can receive funds directly in stablecoins, enabling faster access to payments. Visa Direct now connects to over 1.8 billion endpoints, including cards, bank accounts, and digital wallets, across more than 195 countries and territories. This move reinforces Visa’s blockchain payment strategy and strengthens its position as competition in digital asset payments intensifies.

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