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Visa ignited a seismic shift in global payments with a new blockchain-powered pilot, enabling instant stablecoin payouts for businesses and gig workers worldwide — accelerating the fusion of traditional finance and decentralised money movement.
Visa Launches Stablecoin Payout Pilot to Revolutionize Global Payments
Visa Inc. (NYSE: V) introduced on Nov. 12 what it called “a breakthrough pilot allowing businesses and platforms to send payouts directly to recipients’ stablecoin wallets,” expanding its Visa Direct service to support faster, blockchain-powered money movement. The initiative, revealed at Web Summit in Lisbon, lets companies fund payouts in fiat currency while enabling recipients to receive them in USD-backed stablecoins such as USDC, streamlining global transactions for creators and gig workers.
Chris Newkirk, president of Commercial & Money Movement Solutions at Visa, stated: “Launching stablecoin payouts is about enabling truly universal access to money in minutes – not days – for anyone, anywhere in the world. Whether it’s a creator building a digital brand, a business reaching new global markets or a freelancer working across borders, everyone benefits from faster, more flexible money movement.” The announcement adds:
Visa Direct’s latest pilot will allow platforms and businesses in the US to send payouts directly to users’ or workers’ or employees’ stablecoin wallets, instead of sending to a card or bank account.
By integrating stablecoin infrastructure into Visa Direct, the payments firm aims to increase accessibility and transparency for digital payments, particularly in markets facing banking limitations. The system ensures each transfer is permanently recorded on the blockchain, providing auditability and compliance verification.
Visa said the pilot supports its broader strategy of connecting blockchain capabilities with its global network, offering financial inclusion and predictability for digital earners. Noting that broader rollout is expected in 2026 as client interest and regulatory clarity advance, the company confirmed:
Funds are delivered in USD-backed stablecoins, such as USDC.
Read more: Visa Sees $670 Billion Stablecoin Boom Fueling Next Global Credit Revolution
FAQ ⏰
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What is Visa’s stablecoin payout pilot?
It is a new initiative allowing businesses to send payments directly to recipients’ stablecoin wallets using USD-backed coins like USDC. -
How does Visa Direct use blockchain in this pilot?
Visa integrates blockchain to enable near-instant, transparent, and verifiable transfers, enhancing financial access and compliance. -
Who benefits from Visa’s stablecoin payout system?
Freelancers, creators, and global gig workers gain faster and more predictable access to funds without traditional banking delays. -
When will Visa’s stablecoin payout program expand globally?
The broader rollout is anticipated in 2026, following regulatory developments and client adoption.