Visa Launches Pilot for Direct USDC Payments to U.S. Businesses
- Visa’s new pilot program allows U.S. clients to send and receive payments directly in USDC.
- Payouts can be funded in fiat currency, enabling transfers to stablecoin wallets.
- The program aims to reduce cross-border transaction times to minutes instead of days.
- Recipients must comply with KYC and AML standards for secure transactions.
- Visa has processed over $140 billion in crypto and stablecoin transactions, including $100 billion in asset purchases.
This initiative reflects Visa’s commitment to enhancing money movement efficiency through blockchain technology and stablecoins. The pilot is expected to launch in the second half of 2026.
With the ability to settle payments quickly, Visa’s program could significantly impact how businesses manage international transactions, potentially transforming payment processes for many users. (Source)