- Visa pilots stablecoin payouts through Visa Direct, allowing fiat-funded transactions to deliver USDC to recipients.
- The program targets creators, gig workers, and freelancers for faster, borderless payments.
- Broader rollout is planned for the second half of 2026, pending regulatory progress.
Visa unveiled a pilot program on November 12, 2025, enabling U.S. businesses to send stablecoin payouts directly to digital wallets via its Visa Direct platform. Companies can fund these transactions in traditional USD, while recipients receive equivalent amounts in USD-backed stablecoins such as USDC, a popular asset on the Ethereum blockchain.
This initiative addresses delays in traditional payment systems, allowing funds to reach payees in minutes rather than days. It particularly benefits those in the gig economy facing currency volatility or limited banking infrastructure.
Key Features and Compliance
Transactions are recorded on public blockchains for enhanced transparency and auditability. Participants must use wallets compliant with KYC and AML requirements to ensure regulatory adherence.
Chris Newkirk, President of Commercial & Money Movement Solutions at Visa, emphasized the program’s potential: “Launching stablecoin payouts is about enabling truly universal access to money in minutes—not days—for anyone, anywhere in the world.”
Expansion and Context
The pilot starts with select partners, with Visa onboarding more clients ahead of a full launch in the second half of 2026. This follows Visa’s September pilot for stablecoin pre-funding and aligns with its investments in stablecoin fintechs.
Industry observers highlight the blend of blockchain efficiency with established payment networks, though they caution about ongoing risks like regulatory changes and market fluctuations, as seen in recent DeFi incidents.
For additional context, crypto influencer Lark Davis posted on X: “JUST IN: Visa launches new pilot program in the US allowing businesses to send stablecoin payouts directly from fiat-funded accounts.” (View post).
Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
