Visa Expands Stablecoin Strategy with USDC Payout Pilot for Cross-Border Payments

TLDR Visa launches a pilot for direct stablecoin payouts, starting with USDC, for freelance workers and creators. The pilot offers faster, cross-border payments, especially in regions with limited banking access. Recipients need a compatible wallet and must meet KYC/AML requirements to receive payouts. Visa’s stablecoin initiatives aim to improve global financial access and cross-border money [...]

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