Mesh and Visa to let crypto and stablecoin balances pay at 175 million Visa merchants

Mesh and Visa have agreed to let digital wallet holders pay directly from crypto and stablecoin balances, both in stores and online, anywhere Visa is accepted. For PSPs and platforms in high-risk verticals, the point is not the slogan; it is that the user can spend without first cashing out to a bank account or being issued a separate card.

1. The payments flow is designed to look like an ordinary Visa transaction to the merchant. Visa credentials are created invisibly in the background, and the user either taps a phone at a contactless terminal or completes an online payment while Mesh handles the funding and conversion from crypto, stablecoins, or fiat.
2. Visa says its acceptance network covers well over 175 million merchant locations in 200+ countries and territories, and in fiscal year 2025 it processed $14.2 trillion in payments volume. The partnership is meant to make that footprint reachable directly from crypto and stablecoin balances.
3. Mesh says it has already partnered with over 200 business clients, connecting hundreds of wallets, platforms, and exchanges. Its partners include Kalshi, Tools for Humanity, Félix Pago, MAJORITY, and KAST.
4. For platforms, the integration is framed as a single API connection rather than a card program. Once a platform goes live, its users will be able to spend funds anywhere Visa is accepted; details on supported devices and the first participating platforms will be announced later.
5. The commercial backdrop is still lopsided. Crypto.com data puts total crypto investors at 774 million globally as of June 2026, while American Banker reports crypto card transaction amounts of only $1.5 billion monthly at the end of 2025. In other words, crypto ownership is large, but spending rails have remained a bottleneck until now.

“Crypto never had a spending problem — it has a last-mile problem, and until now, closing it meant getting a separate card,” said Bam Azizi, CEO and Co-founder of Mesh. “Mesh handles the funding and conversion, so a balance becomes purchasing power at the moment of payment, with nothing for the user to move and nothing for the merchant to change.” Visa’s Global Head of Growth, Rubail Birwadker, said the deal helps digital asset balances connect to “the trusted payment experiences consumers and merchants rely on every day.”