Trusted independent reportCross-border relevantPublication date verified
PYMNTS
MVB Partners With Velocity for Visa Direct Stablecoin Settlement Pilot
WHAT HAPPENED
PYMNTS reports that MVB Financial and Velocity are participating in a Visa Direct pilot that lets MVB use stablecoins for funding and settlement of eligible push-to-card payouts. The companies say licensed partners will handle digital-asset conversion, wallet connectivity and onchain controls through a single API and regulated-wallet infrastructure. Availability varies by eligibility and geography.
PUBLISHED September 9, 2026SOURCE PYMNTSLANE Web3 & stablecoin payments
KEY FIGURES
The original report did not disclose material figures that change this decision brief.
WHAT TO WATCH NEXT
Watch whether follow-up sources disclose named launch markets, supported currencies, live customers, and transaction volume. Also confirm the regulatory setup for the stablecoin, custody, and fiat on/off ramps.
Readable PYMNTS report checked against the MVB and Velocity announcement distributed by PR Newswire. The partnership and pilot design are company-confirmed; availability, providers, stablecoin choice, customer participation, pricing, volume and performance remain undisclosed.
The page already presents the summary and analysis. This section keeps only the copy, download, and technical source record without repeating the same reading view.
View technical text
# MVB Partners With Velocity for Visa Direct Stablecoin Settlement Pilot
> Evidence tier: B1
> Evidence type: Independent payments-trade report checked against the MVB and Velocity announcement distributed by PR Newswire
> Source: [PYMNTS](https://www.pymnts.com/cryptocurrency/2026/mvb-partners-with-velocity-for-visa-direct-stablecoin-settlement-pilot)
> Published: 2026-09-09
> Captured: 2026-09-10T01:46:02.815Z
## Source summary
PYMNTS reports that MVB Financial and Velocity are participating in a Visa Direct pilot that lets MVB use stablecoins for funding and settlement of eligible push-to-card payouts. The companies say licensed partners will handle digital-asset conversion, wallet connectivity and onchain controls through a single API and regulated-wallet infrastructure. Availability varies by eligibility and geography.
## Why it matters
The pilot tests stablecoin liquidity underneath an established card-payout network, which could give a bank and its eligible customers more options for pre-positioning and settlement. It is an announced pilot, not evidence of general availability or improved outcomes. The sources identify no stablecoin, licensed conversion or wallet partner, eligible geography, participating customer, transaction volume, fee, settlement-time comparison or completed payout result.
## Key numbers
No independently checkable key number was extracted from this report.
## Topics and entities
- Industry lane: Web3 & stablecoin payments
- Entities: MVB Financial / Velocity / Visa
- Web3 payments
- Payment infrastructure
- Cross-border payments
## Evidence and credibility note
Readable PYMNTS report checked against the MVB and Velocity announcement distributed by PR Newswire. The partnership and pilot design are company-confirmed; availability, providers, stablecoin choice, customer participation, pricing, volume and performance remain undisclosed.
Date evidence: PYMNTS article metadata timestamp 2026-09-09T22:37:50Z; the MVB and Velocity announcement is dated September 9, 2026
## First-party corroboration
- [https://www.prnewswire.com/news-releases/mvb-partners-with-velocity-to-join-visa-direct-stablecoin-settlement-network-302873996.html](/en/items/https://www.prnewswire.com/news-releases/mvb-partners-with-velocity-to-join-visa-direct-stablecoin-settlement-network-302873996.html)
## Original-source traceback
[Open the original PYMNTS report](https://www.pymnts.com/cryptocurrency/2026/mvb-partners-with-velocity-for-visa-direct-stablecoin-settlement-pilot)
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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.
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