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Visa Introduces a Global Stablecoin Platform to Broaden Worldwide Payment Opportunities

Visa Introduces a Global Stablecoin Platform to Broaden Worldwide Payment Opportunities

Bitget-RWA2025/11/18 14:56
By:Bitget-RWA

- Visa launches stablecoin payout pilot via Visa Direct, enabling real-time USDC transfers to crypto wallets for emerging market gig workers. - Program allows fiat-funded transactions with stablecoin receipts, addressing currency volatility and limited banking infrastructure in regions like Bolivia. - Partnerships with Nium and Wirex expand cross-border solutions, while regulatory compliance via KYC/AML requirements ensures broader accessibility. - Initiative reflects Visa's strategy to bridge traditional

Visa Inc. (V) has introduced a pilot initiative that allows companies to send stablecoin payments straight to consumers’ crypto wallets, representing a notable step forward in its digital asset strategy. Announced at the Singapore Fintech Festival 2025, the program utilizes

Direct’s worldwide network to enable instant transactions in , a stablecoin pegged to the U.S. dollar and issued by Internet Group Inc. This development is aimed at freelancers, gig workers, and creators in developing regions, where unstable currencies and limited banking options often make conventional payments challenging .

Through the pilot, businesses can initiate payments in fiat while recipients have the option to accept funds in stablecoins, enabling nearly immediate international settlements. Cuy Sheffield, Visa’s crypto lead, highlighted the project’s potential to broaden access to financial services, stating, "

" for these assets. This program expands on Visa’s previous stablecoin efforts, such as a September 2025 pilot that let companies pre-fund payments with digital currencies .

In countries like Bolivia, where inflation has spurred stablecoin usage, this feature meets an urgent demand. “People prefer to receive stablecoins because their local money lacks stability,” explained Mark Nelsen, Visa’s head of commercial and money

solutions .
Visa Introduces a Global Stablecoin Platform to Broaden Worldwide Payment Opportunities image 0
Visa’s approach is in line with broader trends to incorporate blockchain technology, having handled more than $140 billion in stablecoin transactions since 2020 .

Collaborations with fintech firms such as Nium and Wirex further highlight Visa’s commitment to this sector. Nium, which provides cross-border payment infrastructure, joined Visa’s stablecoin settlement pilot to update global money transfers, minimizing delays from weekends and reconciliation

. At the same time, Wirex, a principal member of Visa, has recently introduced dual-stablecoin settlements using USDC and EURC on the blockchain, giving users quicker and more affordable alternatives to standard banking .

The pilot’s initial rollout is focused on U.S. companies and global platforms, with plans to expand further in mid-2026, depending on regulatory progress

. Recipients are required to use approved wallets and comply with KYC/AML standards, ensuring regulatory adherence while broadening access for those with limited banking .

Experts see this as a calculated move to address the rising need for digital payment options. Ark Invest, led by Cathie Wood, recently revised its

price outlook downward, , reflecting the evolving market. Meanwhile, rivals such as Mastercard and Citigroup are also developing tokenized payment systems, .

Visa’s entry into the stablecoin market demonstrates its intention to lead global payments beyond just credit cards. By integrating stablecoin functions into its platform, Visa seeks to connect traditional finance with the crypto world, strengthening the dollar’s influence in a decentralized economy.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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