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Mesh Signs Visa Deal to Turn Wallet Crypto and Stablecoin Balances Into Card-Free Payments

Mesh Signs Visa Deal to Turn Wallet Crypto and Stablecoin Balances Into Card-Free Payments

Crypto payments firm Mesh announced a partnership with Visa on Oct. 19 that is meant to let people pay at Visa merchants directly from the crypto and stablecoin balances held in their wallet apps, without signing up for a dedicated crypto card.

The companies have not said when the service will go live. Mesh said the first participating platforms, the supported devices and the launch timing will be disclosed once rollout plans are final.

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How the Payments Work

According to Mesh, a Visa credential is set up in the background for users of a participating wallet. A shopper can then tap a contactless terminal in…

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