Mesh has partnered with Visa to allow people to spend cryptocurrency and stablecoin balances held in participating wallet applications at more than 175 million merchant locations worldwide.
The arrangement is designed to support both in-store and online payments through a Visa credential created behind the scenes. Mesh will manage the funding and conversion of assets during each transaction, meaning users will not need to sell or transfer their cryptocurrency before making a purchase.
“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, in a release.
“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.”
Details about when the service will launch, which devices will support it and which wallet platforms will take part have not yet been announced.
The partnership gives Mesh a further role in the payments infrastructure connecting digital assets with conventional retail networks. The company was involved in PayPal’s “Pay with Crypto” launch and provides technology for funding and converting crypto payments.
Mesh’s total funding exceeded $130 million in August 2025 after investment from PayPal Ventures, Coinbase Ventures and other backers. It reached unicorn status in January after raising $75 million in a Series C round led by Dragonfly.
The Visa agreement is the latest step in the payments company’s continued effort to connect cryptocurrency holdings with its established merchant network.
In April, Visa and WeFi announced plans to allow customers to spend digital assets through Visa while retaining control of their cryptocurrency in self-custody wallets. That arrangement was intended to let users make payments without handing control of their assets to a third party.
Visa also partnered with Bridge last year to give developers the ability to issue Visa cards funded by stablecoin balances. Bridge manages the backend infrastructure and carries out the currency conversions required for those payments.
Unlike a conventional card programme, the Mesh system is intended to use assets already held in participating wallet applications, with the conversion and payment process occurring when the user completes a transaction. Merchants would continue to receive payments through Visa’s existing network, while users could access their crypto balances without separately moving the funds or obtaining an additional card.
