Visa expands stablecoin payouts with Zerohash

Visa partners with Zerohash to add stablecoin pre-funding and global payout features to Visa Direct, enhancing global payments and liquidity management for businesses.

Visa has expanded stablecoin capabilities on its Visa Direct platform through a partnership with Zerohash. This collaboration enables eligible clients to pre-fund merchant accounts and make global payouts using stablecoins. Zerohash provides the necessary technology, payment framework, liquidity solutions, and regulatory support. With this integration, businesses can manage cross-border liquidity and settle transactions 24/7, regardless of traditional banking hours. Recipients can receive funds directly in stablecoins, allowing for 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. Following the announcement, Visa's stock closed at $368.74, down 0.23%. This move strengthens Visa's blockchain payment strategy amid growing competition in digital asset payments.