America

PayPal USD

USDC

Global Dollar

Avalanche

Payments giant Visa has launched a pilot in the US, allowing US dollar-pegged stablecoin payouts to be sent from business accounts funded using fiat currency, such as US dollars.
Visa announced the pilot at the Web Summit in Lisbon, Portugal, on Wednesday, which allows users of its digital payments network, Visa Direct, to send stablecoins such as USDC (<a href="/usdc-price-index" rel="noopener noreferrer nofollow">USDC</a>) directly to a crypto wallet.
The company said the pilot allows recipients to opt to receive their funds in stablecoins and US-based platforms and businesses can send payouts from their fiat currency-funded accounts “directly to users’, workers’, or employees’ stablecoin wallets.”
“Launching stablecoin payouts is about enabling truly universal access to money in minutes, not days, for anyone, anywhere in the world,” said Visa’s president of money movement solutions, Chris Newkirk.
Visa said it is in the process of onboarding “select partners,” and wider access to the service will be rolled out in 2026.
The company is initially targeting the pilot at businesses that operate internationally and those in the freelance or gig economy industry, who often depend on fast digital payments.
Visa said that its recent research found that 57% of gig workers prefer digital payment methods for faster access to funds.
<figure><img src="https://s3.cointelegraph.com/uploads/2025-11/019a74fe-bbc5-7236-8795-1356f3940bc2" title="" alt="Visa pilots fiat-funded stablecoin payouts for US businesses">
 <figcaption style="text-align: center;">The creator economy has been an early and enthusiastic adopter of digital payment technologies. Source: <a href="https://corporate.visa.com/en/solutions/commercial-solutions/knowledge-hub/2025-visa-creators-report.html" rel="noopener noreferrer nofollow" target="https://corporate.visa.com/en/solutions/commercial-solutions/knowledge-hub/2025-visa-creators-report.html">Visa</a>
 </figcaption>
</figure>
<h2 id="visa-expands-stablecoin-push-as-us-regulations-crystallize">Visa expands stablecoin push as US regulations crystallize</h2>
Visa’s latest move builds on its growing commitment to blockchain-based settlement and payments.
In July, Visa <a href="https://cointelegraph.com/news/visa-expands-stablecoin-offerings-institutions" rel="noopener noreferrer nofollow">expanded stablecoin offerings</a> on its settlement platform by adding Global Dollar (<a href="/global-dollar-price-index" rel="noopener noreferrer nofollow">USDG</a>), PayPal USD (<a href="/paypal-pyusd-price-index" rel="noopener noreferrer nofollow">PYUSD</a>), and Euro Coin (<a href="/eurc-price-index" rel="noopener noreferrer nofollow">EURC</a>) across the Stellar and Avalanche blockchains.
Related: <a href="https://cointelegraph.com/news/crypto-biz-wall-street-giants-stablecoins" rel="noopener noreferrer nofollow" target="https://cointelegraph.com/news/crypto-biz-wall-street-giants-stablecoins">Crypto Biz: Wall Street giants bet on stablecoins</a>
In September, <a href="https://cointelegraph.com/news/visa-stablecoin-pilot-cross-border-payments" rel="noopener noreferrer nofollow">Visa Direct began piloting instant transfers</a> using USDC and EURC, allowing faster treasury settlement between businesses.&nbsp;
Visa’s expansion comes as payment networks move to capitalize on new regulatory clarity in the United States following the passage of the GENIUS Act, a landmark bill establishing federal guidelines for stablecoins.<iframe width="100%" height="315" src="https://www.youtube.com/embed/ry9MI57Pbjs?start=" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen loading="lazy" sandbox="allow-scripts allow-same-origin allow-popups allow-forms"></iframe>
More corporations are entering the space, with banking giant <a href="https://cointelegraph.com/news/citi-coinbase-stablecoin-payments-forecast-2030" rel="noopener noreferrer nofollow">Citigroup exploring stablecoin payments</a> and <a href="https://cointelegraph.com/news/crypto-biz-corporate-stablecoin-race-heats-up-with-citi-western-union-at-the-helm" rel="noopener noreferrer nofollow">Western Union planning to launch</a> a digital asset settlement system on Solana.
Meanwhile, Wall Street banks such as JPMorgan and Bank of America are in the early stages of developing their own stablecoin initiatives.
<figure><img src="https://s3.cointelegraph.com/uploads/2025-11/019a74fe-be2a-7611-aa13-ad5c2a07d1bd" title="" alt="Visa pilots fiat-funded stablecoin payouts for US businesses">
 <figcaption style="text-align: center;">The global stablecoin market has eclipsed $300 billion this year. Source: <a href="https://defillama.com/stablecoins" rel="noopener noreferrer nofollow" target="https://defillama.com/stablecoins">DefiLlama</a>
 </figcaption>
</figure>
Stablecoin startups are also <a href="https://cointelegraph.com/news/crypto-vc-roundup-q4-2025-telcoin-hercle-momentum" rel="noopener noreferrer nofollow" target="_self">drawing significant venture capital</a>, with recent deals funding companies active in the stablecoin ecosystem, such as Telcoin, Hercle and Arx Research.
Magazine: <a href="https://cointelegraph.com/magazine/genius-stablecoin-bill-opens-door-for-big-tech-stablecoin/" rel="noopener noreferrer nofollow">GENIUS Act reopens the door for a Meta stablecoin, but will it work?</a>

Visa pilots fiat-funded stablecoin payouts for US businesses

Table of Contents

Cointelegraph

Other articles published on Nov 12, 2025

Join our free newsletter for daily crypto updates!