VISA launches a pre -setto a pilot through Visa Direct, in an attempt to make the cross -border payments faster and more flexible.
Visa Direct Stablecoins will be used for the first time
A giant visa for payments Declare A new experimental program for Visa Direct, the company’s global payment platform. According to the announcement, which occurred in SIBOS 2025, companies will be able to pre -border payments with Stablecoins and the encrypted disk associated with FIAT.
To date, direct users in Visa can only precede their international payments using FIAT. Such transactions were slow, and sometimes it took days, forcing companies to stop their capital in advance. With the use of stablecoins, however, the settlement can occur in minutes.
Chris Newkerck, head of the company’s commercial and money solutions, said:
Border payments were suspended in old systems for a very long time. The new Stablecoins integration of Visa Direct sets the basis for money to move immediately all over the world, giving companies more options on how to pay them.
Pre -trim funding such as FIAT: Visa is working as “money in the bank”. The beneficiaries, however, are not forced to get money in stables; They can choose to receive in their local currency instead.
With the new pilot, companies will benefit from access to capital better, as they will not have to stop them for a long time with the current FIAT system. As for those who can use Visa Direct Pilot at the present time, the payment cards services company has noted that it is only open to choose partners who meet the standards. The company expects the pilot to move to a limited availability by April 2026.
The visa said in the press statement:
By combining the scale and confidence of the Visa Global Network, Blockchain programming and partnership with leading payment service providers in pre -use cases, Visa helps to update border payments for companies, financial institutions and consumers around the world.
The visa is not the only financial institution that has taken a move towards updating the cross -border payments through SIBOS 2025 from Frankfurt. The paid messaging platform Swift also announced the joint professor’s book that was developed with more than 30 major international banks based on Blockchain, a technology that is charged with digital assets such as Bitcoin and Stablecoins.
Bitcoin regained some recovery during the past day
Bitcoin exceeded the mark of $ 114,700 on Monday, while it seemed to return to the bullish momentum, but it seems that the gathering has already been running out as the cryptocurrency returned to the level of 112,800 dollars.
The graph below shows how it seemed to perform the last currency:
The trend in the BTC price over the last five days | Source: BTCUSDT on TradingView
One of the warning signs that may have already existed may have been a sharp increase in the open attention that accompanied the price increase, as the Marton Community Analyst indicated at X mail.
The data for 24-hour percentage change in the BTC Open Interest | Source: @JA_Maartun on X
The sudden big jump of speculation activity often leads to Bitcoin fluctuations, which may be what happened this time as well.
Distinctive image from Dall -e, Cryptoquant.com, Chart from TradingView.com
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The post Visa Pilots Stablecoins To Modernize Cross-Border Payments first appeared on Investorempires.com.
