V · News · 20260915N

Stablecoin Payments Expansion

VISA INC. · 2026-09-15 · Importance 34 · Surprise 42

Visa and Circle backed Velocity in a $10 million Series A extension, bringing the stablecoin payments platform’s total Series A funding to $48 million. Velocity is developing stablecoin infrastructure for issuers, acquirers, payment providers, financial institutions, and merchants. The platform could expand Visa’s partner ecosystem and support stablecoin-based payment and treasury use cases across the payments value chain.

Key facts

• The financing (including Visa's investment) will support Velocity's work to provide stablecoin infrastructure to issuers, acquirers, payment providers, financial institutions and merchants. source
• Visa invested in Velocity's $10 million Series A extension, which brought Velocity's total Series A funding to $48 million. source