Visa Direct Opens Stablecoin Funding and Wallet Payouts With Zerohash

Visa is expanding the use of stablecoins across Visa Direct through a new integration with Zerohash, giving eligible clients another way to fund cross-border transfers and send payouts directly to digital wallets.

The partnership combines stablecoin prefunding and wallet-based disbursements within Visa’s global money-movement network. Visa Direct connects more than 18 billion eligible cards, bank accounts, and digital wallets across over 195 countries and territories, according to the official announcement.

Stablecoins Enter the Payment Workflow

Prefunding is a significant part of cross-border payments because providers often need to hold cash in multiple currencies and jurisdictions before transactions can be processed. Stablecoins can move around the clock, potentially reducing the amount of working capital that companies must leave idle in traditional accounts.

The payout feature addresses the other side of the transaction. Recipients can receive stablecoins directly into supported wallets instead of relying exclusively on bank transfers or card-based disbursements.

That could appeal to remittance providers, payroll platforms, online marketplaces, and businesses serving users in regions where access to dollar-denominated bank accounts remains limited.

Zerohash will provide the blockchain connectivity and compliance infrastructure behind the service. The company supports numerous blockchains and digital assets, although neither party disclosed which stablecoins, networks, jurisdictions, or clients will be included in the initial rollout.

Visa began testing stablecoin prefunding in September 2025 and introduced a pilot for fiat-funded stablecoin payouts later that year. The Zerohash integration suggests those capabilities are moving beyond isolated trials and toward wider commercial deployment.

The agreement also follows the launch of the Visa Stablecoin Platform, which offers institutions tools for issuing, transferring, redeeming, and managing stablecoins.

Visa has separately worked with BVNK on stablecoin services for Visa Direct, indicating that the payments giant may rely on several infrastructure providers across different products and markets rather than build around a single partner.

Visa’s expansion comes as stablecoin competition intensifies among issuers, fintech infrastructure providers, banks, and established payment networks.

The service’s practical impact will depend on its supported assets, fees, regulatory availability, and how quickly payment companies move meaningful transaction volume onto the new rails.