BTC $82,066 -0.62% ETH $2,411 -0.51% BNB $730.31 +0.53% XRP $1.31 -0.46% SOL $105.19 -0.25% BTC $82,066 -0.62% ETH $2,411 -0.51% BNB $730.31 +0.53% XRP $1.31 -0.46% SOL $105.19 -0.25%
Markets Via The Block

Mesh partners with Visa to enable direct crypto spending from wallets

visa

Mesh partners with Visa — Payments infrastructure firm Mesh has partnered with Visa to allow users to spend cryptocurrency and stablecoin balances directly from their wallet applications, eliminating the need to sell or transfer assets first.

The integration leverages Visa’s network to enable crypto-to-fiat conversion at the point of sale. This means users can pay with their digital asset holdings at any of the millions of merchants that accept Visa, using their existing wallet interface without requiring a separate, dedicated crypto debit card.

The service is designed to streamline the spending process, removing steps like pre-selling crypto on an exchange or moving funds to a linked bank account. Mesh’s technology will handle the conversion in the background through Visa’s settlement systems.

This move represents a significant step in bridging decentralized finance (DeFi) and traditional payment rails, potentially increasing the utility of holding digital assets for everyday transactions. It targets a key friction point for crypto adoption: the ease of converting holdings into spendable currency.

Original reporting: The Block