Visa Pilot allows banks to use stablescoins for global payments

Visa has launched a pilot allowing banks and financial institutions to pre-find cross-border payments using Stablecoins.

Announced in Sibos 2025, the Direct Direct Stablecoin driver allows certain partners to use the pre -funded assets of Circle de Circle (USDC) and EURC (EURC) to facilitate almost instantaneous payments, according to an announcement on Tuesday.

“Trans -border payments have been blocked in obsolete systems for too long,” said Chris Newkirk, president of Commercial and Money Movement Solutions at Visa.

The objective is to reduce the need for capital to be parked in advance and to modernize treasury operations. “The new Integration of Direct Visa Stablecoins lays the basics of money to move instantly around the world, giving companies more choices in the way they pay,” added Newkirk.

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Visa Pilot allows banks to use stablescoins for global payments

The pilot is designed for banks, payment services and financial institutions seeking to optimize liquidity. Instead of binding fiduciary currencies in several corridors, participants can finance the direct visa with the stablescoins, which Visa treats as cash equivalents for launching payments.

The pre-financing of stablescoin should unlock the working capital, reduce exposure to the volatility of currencies and improve the predictability of treasury flows, especially during opening hours or weekends when traditional systems are inactive.

Visa says that it has set more than $ 225 million in a volume of stablecoin to date, although this remains a small fraction of its 16 dollars in annual payments. The pilot is currently limited to partners who meet the internal visa criteria, with plans for a wider deployment in 2026.

Cointelegraph stretched out Visa to comment, but had not received an answer by publication.

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Quick to build the blockchain for the cross -border colonies

Visa’s decision to use stablecoins for cross-border payments one day intervened after Swift announced that he collaborated with the developer Ethereum Consensys and more than 30 financial institutions to build a Blockchain-based settlement platform aimed at allowing 24/7 cross-border payments in real time.

Crypto payment companies have also experienced an increasing attraction. Last week, the stable payment of Stabledoin Redotpay reached Unicorn’s status after collecting $ 47 million in a strategic round led by Coinbase Ventures, with the support of Galaxy Ventures and Vertex Ventures.