Visa Launches USDC Pre-Funding for International Transfers
- Visa has transitioned its USDC-based pre-funding service for international transfers on Visa Direct from pilot testing to commercial use.
- Inyo Global is the first technology partner to implement this feature, enabling clients to fund cross-border payouts around the clock.
- Inyo’s platform supports domestic and international transfers in over 180 countries through Visa Direct.
- The integration allows businesses to move money internationally without relying solely on traditional banking settlement windows.
- Visa aims to enhance payment speed and liquidity management for businesses using stablecoins.
This rollout signifies a shift from experimental phases to real-world applications of blockchain technology in payment systems, enhancing flexibility for businesses in managing cross-border transactions.
With the launch of this service, Visa expects that stablecoins will facilitate faster payments and improved liquidity management, marking a significant step in their ongoing expansion into stablecoin services.
