Visa (V) Stock: Drops as Zero Hash Deal Brings Stablecoins to Visa Direct
TLDR
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Visa Direct adds stablecoin prefunding and payout support through Zero Hash.
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Visa stock fell 0.23% to $368.74 after a sharp midday drop and mild rebound.
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Zero Hash will provide settlement, liquidity, and compliance infrastructure.
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The deal extends stablecoin transfers across Visaโs global payment network.
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Visa strengthens its stablecoin push as rivals expand blockchain payment tools.
Visa (V) shares fell 0.23% to $368.74 after a sharp midday decline and a limited afternoon recovery. The move came as Visa expanded stablecoin support across its Visa Direct payments network. The Zero Hash agreement adds stablecoin prefunding, payouts, and wallet transfers for eligible business clients.
Visa Direct Adds Stablecoin Payment Options
Visa will allow selected Visa Direct clients to prefund merchant accounts with approved stablecoins. Businesses will also send payouts directly to digital wallets through the same network. Zero Hash will provide settlement technology, liquidity support, and regulatory infrastructure for these services.
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