Oct. 20 (CandyPulse) — Paying for coffee with crypto has always come with an extra step: a special card, a top-up or a manual swap. Visa and crypto payments firm Mesh want to cut that step out. The two companies announced on Oct. 19 that Mesh will connect crypto and stablecoin wallets directly to Visa's global network.
Key takeaways
The idea is simple. You pay from your wallet, and Mesh does the heavy lifting in the background. It handles the funding and conversion at the moment of payment, while the merchant receives a normal payment through Visa's existing rails.
| Question | Answer |
|---|---|
| Who is involved? | Visa and Mesh |
| What's new? | Crypto and stablecoin wallets connect to Visa's network |
| Where can you spend? | 175M+ Visa merchant locations worldwide |
| Separate crypto card needed? | No |
| Changes for merchants? | None; they receive a standard payment |
| When does it launch? | Not announced yet |
Crypto cards already exist, but they usually mean opening another account and moving funds around. Plugging wallets straight into the world's biggest card network could make spending crypto feel as normal as tapping a bank card. It's also a strong signal for stablecoins, which are fast becoming the everyday money of crypto.
The deal follows Mesh's September integration with Bybit Pay, which lets users spend funds held in their exchange accounts.
Big payment players have been moving fast. See our coverage of Citi and Coinbase expanding stablecoin payments for businesses and what a crypto card is and how it works.
Spending crypto in daily life is exactly what Cardaxo is built for in the CANDY ecosystem: a crypto card that lets you spend and earn CANDY. Read how Cardaxo brings CANDY to everyday shopping.
Watch for Visa and Mesh to name the first wallets, regions and a launch date. Until then, this is a planned service, not something you can use today. For more on how crypto payments work, read our beginner's guide to Web3 payments.
Disclaimer: This article is for information only and is not financial advice. Crypto assets are volatile and can lose value. Always do your own research before making any investment decision.
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