EN
Español
Português (Brasil)
Türkçe
Tiếng Việt
Bahasa Indonesia
Polski
Čeština
Română
Slovenčina
Magyar20 Oct 2026
Mesh will connect crypto and stablecoin wallets to Visa's network so users can pay at more than 175 million merchant locations without a separate crypto card. Mesh handles conversion and KYC, while merchants are paid through Visa as usual. Wallets and launch dates are still to be announced.
Spending crypto at a checkout could soon get simpler. Visa and crypto payments network Mesh announced on Monday a partnership that lets consumers spend cryptocurrency and stablecoin balances directly from digital wallets at merchants on Visa’s global network.
How it works
Users of participating wallets will be able to pay in stores or online without first moving money to a bank account or getting a separate crypto card, according to Mesh’s announcement. Visa payment credentials will be provisioned through the wallet apps themselves.
Behind the scenes, Mesh will handle transaction funding and conversion between cryptocurrencies, stablecoins and fiat. It will also run customer onboarding and Know Your Customer (KYC) checks. Merchants receive payment through Visa’s existing rails and do not need to change their checkout systems.
The reach is large on paper. Visa’s network covers more than 175 million merchant locations in over 200 countries and territories. However, Mesh said the participating wallets, supported devices and launch dates will only be announced once rollout plans are final.
Mesh’s growing footprint
The deal follows Mesh’s integration with Bybit Pay in September, which lets users spend directly from their exchange balances on supported platforms. In January, Mesh raised $75 million in a funding round led by Dragonfly that valued the company at $1 billion.
It also lands on the same day Mastercard unveiled a stablecoin risk screening product, underlining how both card giants are racing to make stablecoins a normal part of their networks.
What it means for traders
- Taxes still apply: in many countries, spending crypto counts as a disposal and can trigger capital gains tax. Paying with stablecoins usually keeps gains minimal, while spending BTC or ETH may not.
- Check the conversion cost: wallet-based spending involves a crypto to fiat conversion. Compare the spread with what you would pay selling on an exchange.
- Exchange cards versus wallets: several exchanges already offer crypto cards. Our exchange comparison shows which ones operate in your region, and our testing methodology covers how we judge fees.
What to watch next
The key details are still missing: which wallets will join first, which countries launch first and what fees users pay. Watch for the first wallet partner announcements.
Related reviews
Sources
News is for information only and is not financial advice. More crypto news
Get crypto news first on our Telegram channel.
Join on Telegram