Visa tests calculations in stablecoins via Visa Direct

Payment giant Visa announced the launch of a pilot project, in which the service Visa Direct will be able to work with stablecoins. The decision is aimed at accelerating international transfers and optimizing corporate treasury operations.

The company noted that the existing mechanisms of cross-border payments are too slow and require freezing large amounts in fiat. The integration of stable coins will free up capital and transfer minutes, not days.

The president Visa for commercial payments and transfers Chris Newkirk stated:

“Transborder transactions depended on obsolete systems for decades. New integration in Visa Direct opens the way to instant global calculations.”

Now banks, payment systems and other financial institutions will be able to replenish Visa Direct accounts in stablecoins in advance. For users on the recipient’s side, nothing will change – the funds will come in the national currency.

Now the solution is being tested with a limited number of partners. mass launch for financial institutions is scheduled for April 2026.

Previously, Visa actively expanded its presence in the Stable Coin segment:

• In May, the company invested in a British startup BVNKworking on infrastructure for stablecoin transactions;
• In July, Visa added support for new stablecoins and blockchains to the payment platform.