# Visa stablecoin infrastructure expansion

> Live situation record from CLSTR: https://clstr.news/situations/visa-stablecoin-infrastructure-expansion
> Updated: 2026-08-17T10:40:33.000Z. Sources: 5. Developments: 2.

Visa is expanding its integration of stablecoins into its global payment infrastructure. Initially, the company announced that Visa Direct would utilize Zerohash infrastructure to enable stablecoin prefunding and cross-border payouts, a move intended to “unlock stablecoin use cases at the core network level.”

Following this, Visa issued a request for proposals to find a new partner for stablecoin settlement and over-the-counter operations. This search was prompted by Mastercard’s acquisition of BVNK, a former infrastructure provider for Visa. The new partner must hold cryptocurrency exchange licenses in the United States, Canada, the United Kingdom, and Singapore to support settlement services and transactions for Open USD, a stablecoin project involving Visa, Mastercard, and Stripe.

## Timeline

### 2026-08-17: Visa seeks new stablecoin settlement partner across four markets

Visa is searching for a new stablecoin settlement and OTC partner with licenses in the US, Canada, UK, and Singapore following Mastercard's acquisition of BVNK.

5 sources. https://clstr.news/cluster/visa-seeks-new-partner-for-stablecoin-settlement-and-otc-operations

### 2026-08-05: Visa Expands Stablecoin Payouts Using Zerohash Infrastructure

Visa Direct adds stablecoin prefunding and payout features via Zerohash, letting businesses fund accounts and send cross‑border payouts in stablecoins, advancing Visa's stablecoin platform.

6 sources. https://clstr.news/cluster/visa-expands-stablecoin-payouts-using-zerohash-infrastructure

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Cite as: Visa stablecoin infrastructure expansion. CLSTR, https://clstr.news/situations/visa-stablecoin-infrastructure-expansion