DEPLOYMENT · US
MVB Financial pilots stablecoin settlement on Visa Direct for push-to-card payouts
MVB Financial, a fintech banking partner, joined Velocity's Visa Direct pilot to enable stablecoin-denominated settlement for push-to-card payouts. Pilot tests real-time, low-cost fund distribution for gig workers and payroll.
WHY IT MATTERS
Stablecoin payouts via legacy card rails (Visa Direct) lower friction for fintech payroll and gig-economy platforms, signaling integration of blockchain settlement into existing BFSI plumbing.
Source: PYMNTS · 2026-09-09