Visa Introduces a Global Stablecoin Platform to Broaden Worldwide Payment Opportunities
- Visa launches stablecoin payout pilot via Visa Direct, enabling real-time USDC transfers to crypto wallets for emerging market gig workers. - Program allows fiat-funded transactions with stablecoin receipts, addressing currency volatility and limited banking infrastructure in regions like Bolivia. - Partnerships with Nium and Wirex expand cross-border solutions, while regulatory compliance via KYC/AML requirements ensures broader accessibility. - Initiative reflects Visa's strategy to bridge traditional
Visa Inc. (V) has introduced a pilot initiative that allows companies to send stablecoin payments straight to consumers’ crypto wallets, representing a notable step forward in its digital asset strategy. Announced at the Singapore Fintech Festival 2025, the program utilizes
Through the pilot, businesses can initiate payments in fiat while recipients have the option to accept funds in stablecoins, enabling nearly immediate international settlements. Cuy Sheffield, Visa’s crypto lead, highlighted the project’s potential to broaden access to financial services, stating, "
In countries like Bolivia, where inflation has spurred stablecoin usage, this feature meets an urgent demand. “People prefer to receive stablecoins because their local money lacks stability,” explained Mark Nelsen, Visa’s head of commercial and money
Collaborations with fintech firms such as Nium and Wirex further highlight Visa’s commitment to this sector. Nium, which provides cross-border payment infrastructure, joined Visa’s stablecoin settlement pilot to update global money transfers, minimizing delays from weekends and reconciliation
The pilot’s initial rollout is focused on U.S. companies and global platforms, with plans to expand further in mid-2026, depending on regulatory progress
Experts see this as a calculated move to address the rising need for digital payment options. Ark Invest, led by Cathie Wood, recently revised its
Visa’s entry into the stablecoin market demonstrates its intention to lead global payments beyond just credit cards. By integrating stablecoin functions into its platform, Visa seeks to connect traditional finance with the crypto world, strengthening the dollar’s influence in a decentralized economy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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