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Lightspark Launches Grid Global Accounts With Visa Access for Global Payouts

The API targets cross-border fees by settling over bitcoin or stablecoins under bank-card oversight.

Overview

  • Grid Global Accounts, which launched Tuesday, gives platforms branded dollar accounts, Visa debit cards, and payouts to more than 65 countries.
  • Accounts add AI controls that create agent wallets with spending limits, approved payees, approval thresholds, and instant revocation.
  • Companies can issue their own stablecoins and keep yield on reserves as well as fees from transactions and foreign exchange.
  • A single wallet address supports dollars and bitcoin so balances switch rails in real time without using an outside exchange.
  • Lightspark handles licensing, KYC checks, fraud monitoring, and card issuance through FDIC-insured partners such as Erebor, Cross River Bank, and Lead Bank.