Odaily Planet Daily reports that Visa is collaborating with on-chain infrastructure provider ZeroHash to integrate stablecoin functionality into Visa Direct, enabling qualified customers to pre-fund merchant accounts and make payments in stablecoins to recipients worldwide. Visa Direct spans over 195 countries and regions and connects more than 18 billion endpoints, including debit and credit cards, bank accounts, and digital wallets. ZeroHash provides technology and compliance support to help businesses achieve 24/7 cross-border liquidity management and settlement, allowing recipients to receive stablecoin funds directly.
Visa Partners with Zerohash to Expand Stablecoin Settlement via Visa Direct
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Summary
Visa is collaborating with on-chain infrastructure firm Zerohash to add stablecoin support to Visa Direct, enabling eligible users to pre-fund accounts and send stablecoin payments globally. Visa Direct operates in 195 countries and connects over 18 billion endpoints. Zerohash manages on-chain infrastructure and crypto compliance to facilitate 24/7 cross-border settlements. Recipients can now receive stablecoin funds directly.
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