Visa Direct Stablecoin Prefunding Commercialization
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AI-assisted source synthesis · not an independent investigation.
On October 16, 2026, Visa Direct announced that it was advancing its stablecoin prefunding capability from pilot to commercial deployment, with Inyo Global becoming the first service provider to connect to the production environment and put it into commercial use. Through Inyo’s existing API, eligible remittance institutions, fintech companies, and payment companies can use USDC to prefund cross-border payments in near real time and use the service around the clock, subject to eligibility and geographic requirements. Earlier reports stated that the service could initiate domestic and international payments to more than 180 countries through Visa Direct; a new report on October 17 described it as covering more than 180 countries. PYMNTS had also previously reported that recipients of cross-border payments could still receive fiat currency. The latest report shows that Inyo has integrated this capability into its platform.
AI-written from reports · updated 2 days ago
Timeline
Follow the reporting to see the different sides of the story.
- PYMNTSSelectedVisa Direct launches stablecoin prefunding capability, with Inyo Global first to integrate it
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.
- PYMNTSStablecoins target cash tied up in prefunding cross-border payments
Visa Direct has moved stablecoin prefunding from the pilot stage to commercial production, with Inyo Global as the first enabler, allowing eligible businesses to use USDC to prefund cross-border payments in near real time while recipients can still receive fiat currency.
- Fintech News SingaporeSelectedVisa launches USDC stablecoin prefunding service for cross-border payments
Visa allows eligible businesses to prefund cross-border payments using USDC, with Inyo Global becoming the first Visa Direct processor to put the service into commercial use. Through Inyo’s existing API, eligible remittance institutions, fintech companies, and payment companies can fund payments in near real time and use the service around the clock, subject to eligibility and geographic requirements.
- Fintech NewsVisa Direct advances stablecoin prefunding to commercial deployment, with Inyo Global connected to production
Visa Direct announced that it is moving its stablecoin capabilities from pilot to commercial deployment, with Inyo Global becoming the first service provider to connect Visa Direct stablecoin prefunding to a production environment. Following the integration, eligible businesses can use USDC through the Inyo platform to prefund cross-border payments in near real time and initiate domestic and international payments to more than 180 countries through Visa Direct.
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