Visa Direct launches stablecoin prefunding capability, with Inyo Global first to integrate it
Visa Direct Accelerates Cross-Border Money Movement With Stablecoin Prefunding
AI-assisted source summary · not independently verified. Content standards
Visa Direct has begun offering a stablecoin prefunding capability to cross-border payment companies, allowing eligible clients and partners to use USDC to prefund Visa Direct cross-border payment funds in near real time. The first integrator, Inyo Global, has integrated the capability into its platform, enabling businesses to manage cross-border payments through existing Inyo APIs across more than 180 countries.
The original text explains how Visa Direct uses USDC prefunding to support cross-border payments and describes Inyo Global’s integration method and coverage, making it easier to understand the specific use of stablecoins in the prefunding process.
Source:PYMNTS · pymnts.com