Visa taps Mercuryo to accelerate crypto-to-fiat payments
Visa Inc. said Thursday it has partnered with crypto payments firm Mercuryo to let users convert digital assets into fiat currency and send the proceeds to Visa cards using Visa Direct, the company’s real-time payments network.
Summary
- Visa partnered with crypto payments firm Mercuryo to enable near-instant crypto-to-fiat conversions to Visa debit and credit cards using Visa Direct.
- The integration allows eligible users to receive funds within minutes, improving settlement speed and reducing costs, including for cross-border payments.
- The deal builds on Visa’s expanding digital-asset strategy, including its Stablecoins Advisory Practice and growing stablecoin settlement…
