Visa has launched a new pilot allowing banks and financial institutions to pre-fund cross-border payments using stablecoins.

Announced at SIBOS 2025, the Visa Direct stablecoin pilot enables select partners to use Circle’s USDC (USDC) and EURC (EURC) as pre-funded assets to facilitate near-instant payouts, data-ct-non-breakable=”null” href=”https://investor.visa.com/news/news-details/2025/Visa-Direct-Taps-Stablecoins-to-Unlock-Faster-Funding-for-Businesses/default.aspx” title=”null”>according to a Tuesday announcement.

“Cross-border payments have been stuck in outdated systems for far too long,” said Chris Newkirk, president of commercial and money movement solutions at Visa.

The goal is to reduce the need for capital to…

Visa has launched a new pilot allowing banks and financial institutions to pre-fund cross-border payments using stablecoins.

Announced at SIBOS 2025, the Visa Direct stablecoin pilot enables select partners to use Circle’s USDC (USDC) and EURC (EURC) as pre-funded assets to facilitate near-instant payouts, data-ct-non-breakable=”null” href=”https://investor.visa.com/news/news-details/2025/Visa-Direct-Taps-Stablecoins-to-Unlock-Faster-Funding-for-Businesses/default.aspx” title=”null”>according to a Tuesday announcement.

“Cross-border payments have been stuck in outdated systems for far too long,” said Chris Newkirk, president of commercial and money movement solutions at Visa.

The goal is to reduce the need for capital to…