At the Singapore Fintech Festival 2025, Visa announced a pilot programme that allows businesses and platforms to send payouts directly to recipients’ stablecoin wallets.

Businesses using Visa Direct can fund payouts in fiat currency, while recipients have the option to receive funds in USD-backed stablecoins such as USDC.

The initiative aims to improve the speed and accessibility of global payouts, particularly in regions with currency volatility or limited banking infrastructure.

“Launching stablecoin payouts is about enabling truly universal access to money in minutes, not days, for anyone, anywhere in the world,”

said Chris Newkirk, President, Commercial & Money Movement Solutions at Visa.

“Whether it’s a creator building a digital brand, a business reaching new global markets or a freelancer working across borders, everyone benefits from faster, more flexible money movement.”

This pilot follows an earlier initiative announced at SIBOS in September, in which businesses could pre-fund payouts using stablecoins.

Together, the pilots aim to provide greater financial flexibility to Visa’s clients and to consumers worldwide.

Consumers, creators, and freelancers will be able to access payouts in stablecoins with near-instant speed.

The use of stablecoins may expand access to those in underbanked regions or where USD bank accounts are unavailable.

Transactions are permanently recorded on the blockchain, offering auditability, compliance, and receipt confirmation.

The pilot is being launched with select partners, with a broader rollout planned for the second half of 2026 as client demand and regulatory frameworks develop.

Featured image credit: Edited by Fintech News Singapore, based on image by EyeEm via Freepik