The payment giant Visa and the infrastructure provider zerohash have announced a new strategic partnership. As part of the cooperation, Visa Direct customers will have access to account replenishment and payments in stablecoins. Zerohash's infrastructure will provide the ability to manage liquidity for international transfers around the clock. The Visa Direct network covers more than eighteen billion reception points in one hundred and ninety-five countries. The integration of stablecoins at the level of the basic payment network significantly accelerates their global adoption. Zerohash founder Edward Woodford emphasized the expansion of access to on-chain money. Businesses get a faster way to manage liquidity across national borders.

Visa's Global Head of products, Mark Nelsen, highlighted the importance of digital assets. Stablecoins create new opportunities to make money transfers faster and more flexible. This is especially true for cross-border scenarios of using modern financial instruments. The partnership provides recipients with faster access to money and more choice. Zerohash's infrastructure already supports the work of large banks and payment providers. The company's clients include Morgan Stanley, Marqeta and Worldpay. The implementation of new usage scenarios significantly strengthens the position of stablecoins in traditional finance. Market participants are closely monitoring the integration of blockchain technologies into global payment systems.

The new agreement continues Visa's series of large-scale digital asset initiatives. In March of this year, the company expanded its partnership with Stripe and Bridge. At that time, the launch of stablecoin cards was announced in more than a hundred countries around the world. In July, Visa introduced its own corporate platform for banks and fintech companies. This environment combines the release, storage and transfer of stablecoins in a single system. Infrastructure provider zerohash also continues to actively expand its own regulatory presence. At the end of last year, the company received a MiCA license from the Dutch regulator. This allowed her to legally provide crypto services in the European Economic Area.