Stablecoin and VISA
Visa’s pilot program using stablecoins like USDC for prefunding cross-border payments on Visa Direct in 2025.
What is Stablecoin and VISA?
In September 2025, Visa launched a pilot at SIBOS allowing banks and fintechs to prefund Visa Direct with stablecoins such as Circle’s USDC and EURC, enabling instant international transfers. This initiative, available by April 2026, treats stablecoins as cash equivalents for faster payouts, reducing costs for remittances. Visa’s solutions integrate stablecoins for merchants and wallets, enhancing digital settlements.
Related Terms
Solana Smart Contract / Onchain Program
Executable code deployed on the Solana blockchain that processes transaction instructions to read from and modify controlled accounts, equivalent to smart contracts on other blockchains.
Execution Layer
The protocol layer responsible for processing transactions and executing smart contracts in a blockchain network.
Custody
Secure storage and management of digital assets by qualified third-party institutions, ensuring protection against theft and unauthorized access.
At The Market (ATM)
A flexible equity offering allowing sales of shares into the market at prevailing prices over time.
APY (Lending)
The annualized percentage yield in DeFi lending, accounting for interest compounding.
APY （DeFi）
Annual Percentage Yield (APY) is the annualized rate of return on an investment or loan, accounting for compound interest earned or paid over a year.