Overview
- Announced at Web Summit in Lisbon, the trial targets creators, freelancers and gig workers who need quicker cross‑border access to pay.
- Businesses fund payouts in fiat through Visa Direct, and recipients can opt to receive USDC to compatible wallets after KYC/AML checks.
- The program is currently limited to U.S.-based platforms and records each transaction on public blockchains for auditability.
- Visa says the effort builds on a September pilot for stablecoin pre-funding of cross‑border payouts and continues its broader on‑chain strategy.
- A wider rollout is projected for 2026, with expansion dependent on partner onboarding, client demand and regulatory developments.