Visa is partnering with crypto payments network Mesh to let people spend cryptocurrency and stablecoin balances directly from participating digital wallets across Visa’s global merchant network.
The arrangement is designed to remove two steps that have often stood between crypto holdings and everyday purchases: moving funds to a bank account or obtaining a separate crypto payment card. Users of supported wallets will be able to pay in physical stores and online, while merchants will receive payments through Visa’s existing infrastructure without needing to alter their checkout systems.
How the payment system will work
Mesh will connect participating wallets to Visa’s payment network and handle the operational elements of each transaction. That includes funding the payment and converting between cryptocurrencies, stablecoins and fiat currencies, such as government-issued money. A stablecoin is a digital asset designed to maintain a relatively stable value, typically in relation to a fiat currency, although the source material does not specify which assets will be supported.
Visa payment credentials will be provided through participating wallet applications. Mesh will also manage customer onboarding and Know Your Customer, or KYC, requirements. KYC procedures are used by financial and payments businesses to verify customer identities.
Visa’s network covers more than 175 million merchant locations in over 200 countries and territories. The announcement does not provide a launch date or identify the participating wallets and supported devices. Mesh said those details will be disclosed as rollout plans are finalized.
According to Cointelegraph, the partnership was announced by Mesh on Monday. The companies did not say in the supplied announcement how many users will initially have access to the service or which cryptocurrencies and stablecoins will be available.
Mesh’s recent expansion
The agreement follows Mesh’s integration with Bybit Pay in September. That arrangement allowed users to spend directly from exchange balances on supported platforms, according to the source material.
Mesh also raised $75 million in a funding round led by Dragonfly in January. The financing valued the company at $1 billion. The Visa partnership gives Mesh a connection to a broad established payments network, while Visa gains an integration aimed at enabling digital-asset spending through wallet applications rather than separate crypto cards.
Current market picture
Moneyiar market data at the stated times shows mixed performance among the listed digital assets:
- Ethena (ENA): $0.1876677943, up 2.15% over 24 hours and down 11.2% over seven days, as of 2026-10-19 22:08 +03:30.
- Stable (STABLE): $0.0249323951, up 3.95% over 24 hours and down 7.88% over seven days, as of 2026-10-19 22:09 +03:30.
- Allora (ALLO): $0.2048884056, down 0.52% over 24 hours and down 13.79% over seven days, as of 2026-10-19 22:09 +03:30.
- Walrus (WAL): $0.0381890028, down 1.43% over 24 hours but up 7.16% over seven days, as of 2026-10-19 22:08 +03:30.
The market figures describe price movements and do not indicate when Visa and Mesh’s payment service will become available.
