Visa’s Stablecoin Funding Moves Beyond the Pilot Stage

TL;DR: Visa says Inyo Global is the first enabler to bring its stablecoin-enabled Visa Direct prefunding into production for eligible clients. Stablecoins are often discussed as an alternative to established payment networks. Visa’s latest move shows how they can instead become a funding component inside one. On October 15, the company said its Visa Direct stablecoin-enabled prefunding had moved into production through Inyo Global, its first enabling processor. The mechanism addresses how payment providers position money for international transfers. Rather than waiting for traditional bank rails to move funds during restricted operating windows, eligible clients can use stablecoin capability to support funding through Visa Direct. The announcement describes an initial commercial deployment, not blanket access for every cardholder or every territory.

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