Visa moves USDC prefunding for Visa Direct into production

Visa has moved stablecoin prefunding into production on Visa Direct, letting businesses top up prefunding accounts in USDC around the clock instead of waiting for bank wires. Inyo Global is the first processor to offer it to live clients across 180+ countries; recipients still receive local currency.

• USDC prefunding for Visa Direct accounts runs 24/7 via blockchain settlement
• Inyo Global is the first processor to offer the service to live clients in 180+ countries
• Lloyds ran a $750,000 USDC pilot with Visa to test smaller prefunded balances
• Recipients still get local fiat; the stablecoin never appears on their side