Visa Pilot allows banks to use stablecoins for global payout

The visa launched a pilot that allows banks and financial institutions on pre-fund cross-border payments using stablecoins.

Announced in Sibos 2025, Visa Direct Stablecoin Pilot allowsUSDC) and EURC (EURC) as pre-funded assets to facilitate close to instant payout, According to in a announcement on Tuesday.

“Cross-border payments have been stuck to timely systems for so long,” said Chris Newkirk, president of commercial movement and visa movement solutions.

The goal is to reduce the need for capital to park in advance and modernize Treasury operations. “The new Visa Direct integration puts the basis for money to move around the world right away, giving businesses a more choice in how they pay,” Newkirk added.

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Visa Pilot allows banks to use stablecoins for global payout

The pilot is designed for banks, remittance services and financial institutions that seek to optimize liquidity. Instead of tieing the fiat currencies to many corridors, participants can fund the visa directly to the stablecoins, which the visa is treated as the equivalent of cash for the purpose of starting payouts.

Stablecoin pre-funding is expected to unlock the working capital, reduce exposure to money volatility and improve the predictable ark flows, especially during off-hour or weekends if traditional systems are inactive.

Visa said it has been fixed by more than $ 225 million in stablecoin volume to date, even though it remains a fraction of its $ 16 trillion in annual payment. The pilot is currently limited to partners who meet the internal visa standard, with plans for a broader controlout in 2026.

The cointelegraph reached Visa for comment, but did not receive a response by publishing.

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Swift to build a blockchain for cross-border fixes

Visa’s move to use Stablecoins for cross-border payments came one day after Swift announced it cooperated with Ethereum developer consensiss and more than 30 financial institutions in Build a settlement platform based on blockchain aimed at enabling a 24/7 real-time cross-border payment.

Crypto payment companies have also seen a growing interest. Last week, the Stablecoin Payment Startup RedotPay Unicorn status reached After raising $ 47 million in a strategic spin -led by Coinbase Ventures, with support from Galaxy Ventures and Vertex Ventures.