On October 15, Visa announced the production launch of its Visa Direct stablecoin-enabled prefunding service through Inyo Global, its first enabling processor. The mechanism allows eligible payment providers to position funds for international transfers without waiting for traditional banking rails and their restricted operating windows. The deployment remains limited to selected clients and does not yet apply to all cardholders or territories. This milestone shows that stablecoins can function as funding infrastructure integrated into existing payment networks, without guaranteeing lower fees or universal instant settlement.
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