Visa and Mesh enable global cryptocurrency payments

Visa has entered into a partnership with Mesh, allowing users to make purchases worldwide using stablecoins. This innovative solution eliminates the need for pre-exchanging cryptocurrency or topping up separate cards.

The technology works through instant conversion of digital assets directly at the time of transaction. Meanwhile, merchants receive payment in traditional fiat currency, which simplifies the process for business and excludes the need for banks to participate in the exchange process.