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Visa launches stablecoin payment pilot program

[Visa Launches Stablecoin Payment Pilot Program] Visa has officially announced the launch of a stablecoin payment pilot program, allowing creators, freelancers, and businesses to receive payments directly in USDC issued by Circle through Visa Direct, enabling cross-border instant Settlement. Visa stated that during the pilot phase, businesses can initiate payments in fiat in the United States, while the recipient can choose to receive USDC directly, with funds being available in almost a few minutes. This will provide convenience for users in regions with currency Fluctuation or limited bank access.

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