Visa New Pilot: Businesses Can Now Settle Payments Directly in Stablecoin, Initial Support for USDC
BlockBeats News, November 12th, Global payment giant Visa announced the official launch of a new pilot program that allows businesses to send payments directly to users in stablecoins, with the first batch supporting USDC issued by Circle. The program aims to provide nearly instant cross-border payments to creators, freelancers, and gig economy workers.
With businesses sending fiat, recipients can choose to receive in USDC. Visa states that this "groundbreaking" pilot program will allow US businesses and platforms to send payments via Visa Direct with fiat as the funding source, while recipients can choose to receive the funds in USDC.
For recipients, this means they can receive income more quickly and borderlessly, especially valuable in regions with significant currency volatility or inadequate banking infrastructure.
You may also like

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?
