Visa enables instant USDC payments across borders in new “breakthrough” test
Visa has launched a new pilot program that allows businesses to send payouts in stablecoins, starting with USDC. The initiative targets freelancers, creators, and gig workers, offering near-instant cross-border payments to compatible wallets.
Source The Block
The company says the program represents a “breakthrough” in global payments, giving recipients borderless access to earnings and flexibility, particularly in regions with volatile currencies or limited banking access.
According to Visa, the pilot builds on its ongoing work with Visa Direct and earlier stablecoin pre-funding initiatives, marking a step toward faster, crypto-integrated global money movement.