# Velocity Secures $10M Extension with Ripple and Visa for Stablecoin Infrastructure Funding targets back-end payment systems, leaving consumer interfaces unchanged. - **Source:** [News - Cryptonews](https://brifing.si/source/42333b6f-1c05-4a49-9914-7553e71d2223) - **Published:** 2026-09-16 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/fbd77ea3-0568-46fd-b775-4aa21b4abcd2 ## Strategic funding round Velocity raised an additional $10 million, extending its Series A to $48 million at a $200 million valuation. Key investors include Visa Ventures, Circle Ventures, and Ripple, marking significant strategic participation beyond typical crypto-native backers. The funding will develop infrastructure connecting stablecoins to existing payment networks and corporate treasury operations. ## Targeting the invisible layer Velocity focuses on the back-end payment infrastructure connecting issuers, networks, and merchants, not consumer-facing wallets. CEO Eric Queathem, with Worldpay experience, notes that while consumer interfaces improved dramatically, the underlying settlement machinery remained outdated. This $300 billion+ stablecoin market opportunity drives their positioning. ## Visa's strategic bet Visa's participation signals validation of Velocity's thesis that stablecoins will augment rather than replace card networks. Rubail Birwadker of Visa stated stablecoins are reshaping value movement across their ecosystem. This reflects networks proactively adopting blockchain rather than risking disruption, with Velocity positioned as an enabler. ## Institutional adoption focus Velocity's Chief Growth Officer Matt Larson emphasizes their solution won't drive consumers to stablecoin wallets. Instead, they anticipate settlement flows between institutions gradually shifting to stablecoin rails while maintaining familiar front-end experiences. This contrasts with retail-focused crypto approaches. ## Ripple's alignment Ripple's investment complements its institutional strategy with RLUSD, focusing on credit and treasury products rather than retail crypto. This mirrors Velocity's back-end thesis, creating synergy between their infrastructure solutions for banks and payment companies. ## Market validation The oversubscribed $38 million July Series A and this extension demonstrate strong market belief in Velocity's approach. The investor mix—combining crypto ventures with strategic finance players—validates the need for hybrid solutions bridging traditional and blockchain finance. ## CEO's long-term vision Queathem predicts every global business will hold some onchain value within five years, creating sustained demand for reconciliation tools between blockchain and legacy systems. While speculative, this vision aligns with Velocity's infrastructure focus and explains investor enthusiasm for their positioning. ## Industry implications Velocity's progress signals a maturation phase where blockchain adoption moves from speculative retail applications to practical institutional infrastructure. Their success could accelerate modernization of payment back-ends while maintaining stability for end-users—a potentially transformative but invisible shift. ## Sources covering this story - https://cryptonews.com/news/velocity-ripple-payments-infrastructure-stablecoin-rails/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._