TREE NEWS update: Mesh, a crypto payments network, has partnered with Visa to let users spend cryptocurrency and stablecoin balances directly from participating wallet apps at roughly 175 million Visa merchant locations worldwide, both online and in-store, without needing a separate card, pre-selling or transferring funds. Mesh handles fund routing and conversion between crypto, stablecoins and fiat, and manages onboarding and KYC, while merchants receive payment as standard without new equipment. The first participating platforms and launch timing will be announced separately.
Visa partners with Mesh to enable crypto spending at 175M merchant locations
AI take
This is a notable step in normalizing crypto as a funding source rather than a separate payment rail, since it removes the pre-sale and card-issuance friction that has historically kept wallet balances out of everyday commerce. It matters most for wallet apps and their users, while merchants are largely insulated — they settle as usual, with Mesh absorbing routing, conversion and compliance. The open questions are which platforms go first, how conversion and KYC are handled at the point of sale, and whether wallet partners treat this as a core feature or an add-on.
Generated by AI for reference only.
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