Current outcome
The Mesh-Visa partnership has been announced to let users spend directly from crypto and stablecoin wallets at Visa merchants; Mesh handles funding, asset conversion, KYC and Visa credential provisioning, with Visa's network covering 175M+ merchant locations, while participating wallets and launch dates are not yet announced.
Progress timeline
2 material updates- #01
【Mesh 与 Visa 达成合作，实现加密货币余额直接消费】
Mesh has partnered with Visa to let users spend cryptocurrency, stablecoin, and fiat wallet balances directly at Visa merchants, with Mesh generating Visa payment credentials and handling KYC and back-end asset conversion.
Source evidence: foresightnews
- #02
Visa, Mesh partner to enable crypto spending at 175M merchant locations
Added that Visa's network covers more than 175 million merchant locations across over 200 countries and territories, and that participating wallets, supported devices and launch dates will be announced as rollout plans are finalized.
State after update: The Mesh-Visa partnership has been announced to let users spend directly from crypto and stablecoin wallets at Visa merchants; Mesh handles funding, asset conversion, KYC and Visa credential provisioning, with Visa's network covering 175M+ merchant locations, while participating wallets and launch dates are not yet announced.
Source evidence: Cointelegraph