Skip to main content
727 Finance
English

Visa Direct launches stablecoin-based money movement service, pilot project moves toward commercial application.

PANews October 16 news: Visa announced that the stablecoin functionality of Visa Direct has moved from the pilot stage to commercial deployment. Inyo Global has become the first service provider to put Visa Direct's stablecoin prefunding feature into commercial operation. With Visa Direct, businesses can complete user onboarding, fraud prevention and compliance management, collections, and domestic and cross-border payments to more than 180 countries and regions worldwide through a single interface on the Inyo Global platform.

In 2025, Visa launched stablecoin prefunding and payment pilot programs through Visa Direct. These pilot programs demonstrated how stablecoins can provide cross-border funding support, liquidity management, and global money movement services for eligible clients.

Related news

  1. OnePay launches stablecoin deposit feature, powered by Stripe.

  2. The total supply of stablecoins has dropped to $298.5 billion, the lowest since August.

  3. Ethereum staking volume hits a new high of 43.8 million ETH, Q3 annualized yield drops to 2.63%

  4. The same bad debt, five points of loss recognition: who bears the losses of DeFi vaults?

    From Morpho to Aave: the same bad debt, five points of loss recognition, determine who ultimately bears the DeFi vault losses.

  5. A certain whale unstaked over 300,000 HYPE, worth approximately $27.19 million.