PANews reported on November 12 that payment giant Visa announced the launch of a pilot program in the United States, allowing businesses to pay USD stablecoins (such as USDC) to crypto wallets via fiat currency accounts (such as USD). The service is implemented through the Visa Direct digital payments network and aims to provide more convenient fund flows for industries that rely on fast payments, such as international businesses and freelancers. Visa President Chris Newkirk stated that this move aims to enable funds to circulate globally "within minutes," rather than "days." Visa is currently working with partners to further expand the service in 2026. According to Visa research, 57% of freelancers prefer digital payment methods for faster access to funds.PANews reported on November 12 that payment giant Visa announced the launch of a pilot program in the United States, allowing businesses to pay USD stablecoins (such as USDC) to crypto wallets via fiat currency accounts (such as USD). The service is implemented through the Visa Direct digital payments network and aims to provide more convenient fund flows for industries that rely on fast payments, such as international businesses and freelancers. Visa President Chris Newkirk stated that this move aims to enable funds to circulate globally "within minutes," rather than "days." Visa is currently working with partners to further expand the service in 2026. According to Visa research, 57% of freelancers prefer digital payment methods for faster access to funds.
Visa is piloting a stablecoin payment method in US businesses, allowing payments to be made in fiat currency.
PANews reported on November 12 that payment giant Visa announced the launch of a pilot program in the United States, allowing businesses to pay USD stablecoins (such as USDC) to crypto wallets via fiat currency accounts (such as USD). The service is implemented through the Visa Direct digital payments network and aims to provide more convenient fund flows for industries that rely on fast payments, such as international businesses and freelancers.
Visa President Chris Newkirk stated that this move aims to enable funds to circulate globally "within minutes," rather than "days." Visa is currently working with partners to further expand the service in 2026. According to Visa research, 57% of freelancers prefer digital payment methods for faster access to funds.
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