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Visa Expands Stablecoin Payouts Using Zerohash Infrastructure
Visa Direct is adding stablecoin prefunding and payout capabilities through crypto‑infrastructure provider Zerohash. The integration enables eligible businesses to fund Visa Direct accounts with stablecoins and to send cross‑border payouts that can be received directly in stablecoins, offering faster, flexible money movement outside traditional banking hours.
Zerohash CEO Edward Woodford said the partnership "unlocks stablecoin use cases at the core network level," while Visa’s global head of product, Mark Nelsen, highlighted the new functionality as a way to accelerate adoption and improve liquidity management for clients.
The move is part of Visa’s broader stablecoin strategy, following earlier pilots and the launch of its Visa Stablecoin Platform, which provides banks and fintechs tools to issue, hold, and transfer stablecoins within existing treasury and payment systems.
Entities
Edward Woodford · Mark Nelsen · Visa Direct · Visa Inc. · Zerohash