Visa (V) announced a pilot allowing businesses and platforms to send payouts directly to recipients’ stablecoin wallets. For businesses using Visa Direct, payouts can be funded in fiat currency, while recipients can choose to receive their funds in USD-backed stablecoins, transforming the speed and accessibility of global payouts.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on V:
- Midday Fly By: SoftBank exits Nvidia, CoreWeave cuts guidance
- Visa, MasterCard deal could bring about tiered pricing, WSJ reports
- Visa and Mastercard Reach Landmark Deal to Lower Fees for U.S. Merchants
- Visa Reaches Settlement in Interchange Fee Litigation
- Visa, MasterCard near settlement on interchange fees, WSJ reports