Visa Direct Pilots Stablecoin Prefunding to Speed Up Cross-Border Payments

Visa has launched a stablecoin prefunding pilot on Visa Direct, giving businesses faster, cheaper, and more flexible ways to fund payments...

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Visa has launched a pilot program for stablecoin prefunding through its Visa Direct platform, aiming to revolutionize cross-border payouts by offering a faster and more flexible alternative to traditional fiat systems.

The initiative seeks to eliminate the need for businesses, banks, and remittance providers to lock up large sums of capital in costly fiat prefunding for days, instead enabling transfers in minutes.
Chris Newkirk, President of Commercial & Money Movement Solutions at Visa, stated that this integration lays the groundwork for instant global money movement.
Visa will treat stablecoins sent by businesses as prefunding for payouts as equivalent to "money in the bank," with a broader rollout of the program expected in 2026.

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