Visa is piloting a new fiat-to-stablecoin payout solution for global platforms paying users in different countries. Stablecoin payouts are ideal for freelancers and gig workers, settling in seconds compared to traditional banking rails that cause delays. Visa Direct users like Uber and Airbnb can now offer stablecoin payouts globally, enabling faster, more flexible money movement. Stablecoin payouts benefit emerging markets, offering streamlined treasury management and stable value sought after in the Global South, providing new opportunities for unbanked workers.

Read more at Yahoo Finance: Visa’s New Stablecoin Pilot To Transform How Freelancers, Uber Drivers and Global Gig Workers Get Paid