Visa and Circle Back Stablecoin Payments Platform Velocity

By PYMNTS | September 15, 2026

Stablecoin payments and treasury platform Velocity has raised $10 million in new funding.

The financing will support Velocity’s work to provide stablecoin infrastructure to issuers, acquirers, payment providers, financial institutions and merchants, the company said in a news release Tuesday (Sept. 15).

The extension of the company’s Series A round follows the $38 million Velocity raised in July. Investors include Circle Ventures, Ripple and Visa Ventures, a new backer.

“Stablecoins are playing an increasingly important role in reshaping how value moves across the Visa ecosystem, and companies like Velocity are helping accelerate adoption and unlock new opportunities for our customers and partners,” said Rubail Birwadker, global head of growth products and strategic partnerships at Visa.

Velocity says its infrastructure lets institutions and businesses use stablecoins for settlement, liquidity and treasury operations without supplanting their existing systems, with a platform aimed at making money movement more continuous while reducing dependence on prefunding and extending settlement beyond traditional banking hours.

The company said the involvement of Circle Ventures and Ripple brings Velocity together with two major companies promoting regulated stablecoins and their use in payments, liquidity and institutional finance. Another investor, Translink Capital, provides a “strategic bridge” to Velocity’s corporate and institutional partners in Asia.

“Their investment reflects a shared view that the next phase of stablecoin adoption will depend not only on the assets and blockchains themselves, but also on the infrastructure connecting them with the banking, treasury and settlement systems institutions already use,” Velocity said.

With total Series A funding of $48 million, Velocity will continue to expand its platform and deepen its work across the global payments and treasury ecosystem. The company aims to make stablecoins a seamless part of how institutions move and manage money, connecting issuers, acquirers, merchants and financial institutions through infrastructure designed for continuous global settlement.