365Crypto
Visa is taking another bold leap into crypto payments. The company is piloting a service that lets US businesses send stablecoin payouts — like USDC — directly to crypto wallets. These wallets can be funded from regular fiat accounts.
The new feature was announced at the Web Summit in Lisbon. Visa says it’s part of a push to make money movement faster and more global. “We want to make payments universal and near-instant,” said Chris Newkirk, Visa’s head of money movement.
The pilot is starting with select partners and aims for a full rollout in 2026. It mainly targets global businesses and freelancers who depend on quick digital payments. A recent Visa study found that 57% of gig workers want faster digital options to get paid.
This isn’t Visa’s first stablecoin experiment. In 2024, the company added several stablecoins — including PayPal USD and Euro Coin — to its blockchain settlement system. With the new USDC pilot, Visa is positioning itself at the heart of the digital payment revolution.
(Stablecoin: A cryptocurrency pegged to a stable asset, such as the US dollar.)
