Visa Launches Stablecoin Prefunding Pilot to Boost Business Funding

Visa has launched a new stablecoin prefunding pilot through Visa Direct, aiming to expedite global business funding. This initiative utilizes USDC for faster settlements and integrates with Visa’s existing infrastructure, designed to enhance cross-border payment efficiency and stimulate the growth of programmable finance. The pilot is expected to impact both USDC demand and financial institutions by creating more efficient payment models. 2025 SIBOS saw this innovative launch spearheaded by Cuy Sheffield, Head of Crypto, Visa, further solidifying their position within the financial ecosystem.