Visa Direct Platform to Preload Accounts with Stablecoins to Streamline Digital Transactions
Visa (NYSE: V) initiated a pilot program via its Visa Direct platform to allow businesses, including banks and remittance services, to preload accounts with stablecoins rather than traditional fiat currencies for international transfers.This approach treats stablecoins as readily available funds, akin to deposited cash, which helps minimize delays in liquidity access and offers greater adaptability in handling worldwide disbursements.The initiative, unveiled at SIBOS 2025, aims to modernize outdated cross-b ...