Visa unveiled a stablecoin pre-funding pilot at SIBOS 2025, introducing faster cross-border payments with Visa Direct. They recently launched a new Visa Direct pilot for near-instant payouts in USD-backed stablecoins like USDC. Stablecoins are digital assets pegged to stable reserves, minimizing volatility, ideal for payments and trading. The wider rollout is expected in 2026, cutting settlement times and offering new flexibility. Visa’s president highlighted the goal of enabling universal access to money in minutes globally. Key features include near-instant settlement, accessibility in underbanked markets, transparency via blockchain, and expansion for wider rollout in 2026. Funding for the pilot will remain in fiat currency, with stablecoin conversion at the point of payout. Visa’s move positions it at the forefront of blockchain-powered payments, bridging traditional finance with Web3 economies. Visa has been positioning itself as a bridge between traditional finance and digital assets, marking its foray into blockchain technology and stablecoin payouts.

Read more at Yahoo Finance: World’s largest payment network tests stablecoin payouts to users