Visa’s USDC Stablecoin Pilot Revolutionizes Instant Cross-Border Payouts
Visa has launched a pilot program enabling freelancers and creators to receive instant payments via Circle’s USDC stablecoin. The initiative leverages Visa Direct to streamline cross-border transactions, offering recipients the choice between digital dollars or traditional bank transfers.
The expansion of Visa’s blockchain integration now spans 40 countries, targeting regions with limited banking access or volatile currencies. Chris Newkirk of Visa emphasized the program’s efficiency: "Paying people in stablecoin reduces settlement times from days to minutes."
This MOVE signals growing institutional adoption of stablecoins for global payments, with USDC emerging as a key bridge between fiat and digital asset ecosystems.