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Stablecoin platform Velocity raises $10M to boost payments and treasury services with Visa and Circle backing

Market News
15 Sep 2026
PYMNTS
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Bullish
Stablecoin platform Velocity raises $10M to boost payments and treasury services with Visa and Circle backing

Velocity, a stablecoin payments and treasury platform, secured $10 million in additional funding to enhance its infrastructure for issuers, acquirers, payment providers, financial institutions, and merchants. This follows a $38 million raise in July and includes investors like Circle Ventures, Ripple, and new backer Visa Ventures. Velocity aims to enable continuous money movement, reduce reliance on prefunding, and extend settlement hours beyond traditional banking. The funding highlights growing industry confidence in stablecoins as foundational tools for liquidity, credit, and settlement in financial services.

As of Sep 15, 2026 23:02 WIB, Visa Inc (V) is trading at USD 374.89 on Pluang, showing a slight 0.10% decline in the last day. The company holds a substantial market cap of $706.07 billion and offers a dividend yield of 0.71%. This stable trading environment underscores Visa's strong position as it backs innovative payment platforms like Velocity.

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