Visa Launches USDC-Powered Visa Direct Payments Across More Than 180 Countries
Visa has launched USDC-powered funding for international payouts through its Visa Direct network, allowing businesses to prefund payments using the stablecoin across a network spanning more than 180 countries. Coin Bureau reported the development, identifying Inyo Global as the first enabler of the new capability.
The rollout introduces a way for businesses to use USD Coin (USDC) to fund international payouts, with the aim of enabling near-real-time funding and reducing reliance on traditional bank funding. The service combines USDC-based prefunding with Visa Direct's existing global payment network.
How USDC Funding Works Through Visa Direct
Under the new arrangement, businesses can prefund global payouts with USDC rather than relying entirely on conventional bank funding. The capability is designed to support the funding process for international payments, while Visa Direct provides the network through which those payouts are handled.
Inyo Global is the first enabler identified in the rollout. The announcement does not provide further details about the company's specific technical role, the eligibility requirements for participating businesses, or the markets where the service will initially be available.
Visa Direct's network spans more than 180 countries, giving the USDC-powered funding capability access to an established international payments infrastructure. The reported rollout concerns the use of USDC to prefund payouts; it does not establish that recipients in every supported country will receive their payments in USDC.
USDC's Role in International Payments
USDC is a stablecoin designed to maintain a value equivalent to the U.S. dollar. In this rollout, the asset serves as a funding mechanism for businesses making international payouts through Visa Direct.
The announced capability focuses on two stated objectives: enabling near-real-time funding for international payouts and reducing dependence on traditional bank funding. These features address the funding stage of cross-border payments, although the announcement does not specify transaction fees, settlement times, supported payout methods, or the extent to which funding times will vary across countries.
The launch adds another reported use case for USDC in mainstream payments by connecting stablecoin-based prefunding with Visa Direct's international network. Coin Bureau described the development as an expansion of USDC's role in mainstream payments, with Inyo Global serving as the first enabler.
Further details about the rollout, including its availability to businesses and the markets precise operating arrangements, were not included in the source announcement. The confirmed scope is the launch of USDC-powered prefunding for international payouts through Visa Direct's network spanning more than 180 countries.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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