Visa – the global payments giant – has just launched a pilot program using stablecoins for cross-border payments, helping businesses transfer money abroad faster.
Under the program, banks and remittance companies can pre-load stablecoins into Visa Direct instead of fiat. These stablecoins are treated as “money in the bank,” allowing for immediate disbursement without locking up funds for days.
Visa said integrating stablecoins into Visa Direct will enable instant, global, and programmable money transfers, reducing settlement times from days to minutes, while recipients can still receive funds in their local currency.
Visa is currently working with several partners for testing, with a limited rollout expected in April 2026. The first two stablecoins selected are Circle's USDC and EURC, with further expansion possible later.
When asked if Visa plans to issue its own stablecoin, a company representative said it is “hard to rule out any possibility,” but is currently focused on expanding the use of existing stablecoins through cards, payment services, and banking integrations.
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