Visa Adds Stablecoin Settlement to Visa Direct via Zerohash
V sits 27% above its 52-week low of $293.89.
Summary
Visa is integrating stablecoin capabilities into Visa Direct through a partnership with Zerohash, enabling merchants to pre-fund accounts and send cross-border payouts in stablecoins. The move expands Visa Direct's reach across 195+ countries and 1.8 billion endpoints, adding a crypto-native settlement rail to its existing card, bank, and wallet network. This follows Visa's recent $2.4B acquisition of fraud prevention firm BioCatch and a strong Q3 earnings beat, signaling continued investment in next-gen payment infrastructure. The partnership positions Visa to capture growing stablecoin transaction volume and compete with blockchain-native payment networks.
At the time of this announcement, V was trading at $372.00 on NYSE in the Finance sector, with a market capitalization of approximately $690B. The 52-week trading range was $293.89 to $373.97. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Binance News.