VENDOR · UK
Stablecoin infrastructure platform Velocity raises $10M in Series A extension backed by Visa, Circle, Ripple
UK-based Velocity, a stablecoin settlement platform, closed a $10M Series A extension with backing from Visa Ventures, Circle Ventures, Ripple, and other tier-1 crypto/fintech investors.
WHY IT MATTERS
Major payment networks (Visa) and stablecoin issuers (Circle, Ripple) betting on unified stablecoin rails; signals convergence of traditional payment infrastructure and crypto settlement layers for enterprise use.
Source: Finextra · 2026-09-16