For issuers & card programmes
Fund, settle and hold your card programme in real time, any day of the year.
The back-end of card funding is offline for more than 30% of the year, so issuers prefund up to seven days of flow. Velocity lets you fund the networks, receive programme funding and fund local programmes in real time, 24/7/365, with far less capital held in advance.
- Fiat in, fiat out
- Regulated custody
- No new integration
Card funding stops when the banks do. Your programme doesn't.
The networks settle in 28 currencies. Outside those markets you convert local currency to USD through a bank or FX desk, settle T+1 or prefund, and capital controls can limit your access to dollars
Convert local currency to USDC and fund the network the same day. No local bank FX leg, and dollar liquidity whenever you need it
Up to seven days of flow held in advance
Fund the day it is owed. The float held against transit days goes away
Sized to cover weekend and holiday settlement risk
Settle seven days a week, allowing you to reduce collateral obligations by up to around 40%
Vary by currency and scheme, with fines for missing them
None. Convert and fund in real time, 24/7
Each funded in advance, in each currency
Funded just in time, in each market's currency, so you hold less foreign currency and hold it for less time
Earn nothing while they wait
Earn a return
Slow funding means schemes demand up to a week's float in prefunding
Instant funding reduces prefunding requirements
Three use cases. Use one, or all three for a fully stablecoin-backed programme.
- Stablecoin
- Fiat
Your programme sends fiat or stablecoins to Velocity. We hold them in operational stablecoins, yield-bearing stablecoins or a fiat multi-currency account, convert in real time, and fund the networks and your local programme accounts from there. Accessed through your existing processor integration.
Settle the networks in stablecoins.
Meet network settlement 24/7/365 without bank cut-offs.
Get funded and hold in stablecoins.
Receive programme funding in stablecoins and convert only when needed.
Move to just-in-time funding.
Fund local programmes in real time, with no prefunded balances and less FX exposure.
What issuers do
on Velocity
Use cases
Fund the networks in stablecoins
Meet Visa and Mastercard settlement 24/7/365, weekends and holidays included, with no bank cut-offs.
Get funded and hold in stablecoins
Receive programme funding in stablecoins, hold it, and convert only when you need to.
Fund local programmes just in time
Fund each market's programme account in real time instead of days ahead, in the currency it needs.
Earn a return on idle balances
Balances that used to sit in prefunded accounts earn while they wait.
What doesn't
change
Your network membership and BIN sponsor
Stablecoin funding runs inside the networks' existing settlement framework.
Your processor
Velocity is reached through the integration you already have. No new build to start.
Your cardholders
Same card, same experience.
Your balance sheet
Fiat in, fiat out if you want it. You never have to hold crypto.
Built on
regulated rails
Regulated custody
Your funds sit in regulated custodial wallets that are bankruptcy remote, insured and segregated from any custodian's balance sheet.
Real-time screening
Every flow is screened in real time for sanctions and travel-rule compliance.
Aggregated liquidity
Liquidity is aggregated across stablecoin issuers, exchanges and OTC desks and smart-routed for best execution.
Questions
issuers ask
How does funding in stablecoins reduce our prefunding?
Schemes size prefunding on the days they cannot be funded, which is why it runs to a week's float. Fund them instantly, weekends included, and the requirement falls; the networks have reduced it by around 40% for issuers who fund in stablecoins. Relief is decided by the network, issuer by issuer, and we help you make the case.
Do we need a new integration?
No. Velocity is accessed through your existing processor integration. Move funds in the dashboard from day one and add the API when you want more automation.
Which networks does this work with?
We fund whatever your network accepts for your obligation; USDC is live for seven-day settlement, with other stablecoins routed as each network supports them.
Do we have to hold stablecoins?
Not if you don't want to. Fiat in, fiat out is available on every flow; hold stablecoins only if you want balances to earn while they wait.
How do we start?
Map where you prefund today, in which currencies and for how many days. Then run a pilot on one use case, one scheme and one currency, and go live on the integration you already have.
What about cut-offs and fines?
Funding runs in real time, 24/7, so there is no cut-off to miss. Settlement reports run every day the flow runs, through the dashboard or by API.
Stop prefundingthe weekend.
Talk to us about where you prefund today, in which currencies, and for how many days.
