Visa Direct stablecoin pilot enables instant gig payouts
At the Lisbon Web Summit, Visa announced the Visa Direct stablecoin pilot, enabling businesses and platforms to fund payouts in fiat and deliver them instantly to recipients’ stablecoin wallets. This Visa Direct stablecoin pilot leverages existing Visa payment rails to reduce intermediaries and cross-border settlement times. Creators, gig workers and other recipients can choose their preferred stablecoin wallet to receive real-time on-chain transfers. By combining fiat funding with stablecoin distribution, the initiative aims to improve liquidity access, lower transaction costs and accelerate payout speed. This move marks a significant advance in mainstream crypto payments, potentially boosting stablecoin transaction volumes and highlighting evolving payment infrastructure for traders.
Bullish
The Visa Direct stablecoin pilot is likely bullish as it accelerates stablecoin adoption and on-chain payments in the gig economy. In the short term, integration with Visa’s payment rails could boost stablecoin transaction volumes and trading activity by improving payout speed and reducing costs. Over the long term, broader platform support for instant stablecoin payouts may deepen market liquidity, reinforce stablecoins’ utility and underpin sustained growth in crypto payment infrastructure.