Visa Launches Pilot Program Allowing Businesses to Disburse Payments in USDC
Visa announced on Nov. 12 a pilot program enabling businesses to disburse payments directly in stablecoins, with initial support for Circle's USDC. The program allows U.S. businesses and platforms to send fiat-funded payments through Visa Direct, while recipients can choose to receive funds in USDC. The initiative targets creators, freelancers, and gig economy workers, offering near-instant cross-border payment capabilities.