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Visa implements a cross-border transfer function in stablecoins.
Global payment giant Visa has launched a pilot project in which customers can use stablecoins to transfer funds abroad.
We are integrating stablecoins into Visa Direct, our platform for instant payments that allows money to be transferred in real-time to billions of endpoints. This way, we are creating a world where payments can be made in stablecoins, enabling instant, global, and programmable payouts, Visa said.
The goal of the pilot project is to reduce settlement times for businesses from several days to just a few minutes, providing companies with faster access to liquidity. According to Visa representatives, recipients can always receive payments in local currency.
Selected companies, including banks and providers, are participating in the testing through the Visa Direct service. Access to the feature is currently limited to those who wish to use it. Preliminary payments in stablecoins are expected to be available for all Visa corporate clients starting in April 2026.
It is known that the pilot project tests transactions with the stablecoins USDC and EURC from Circle. However, as demand increases, other assets may also be added.
Visa is actively entering the stablecoin sector. Thus, this year the company entered into a partnership agreement with the Stripe-owned service Bridge, so that developers could issue Visa cards linked to stablecoins, and users could spend digital assets in stores around the world.