Visa Direct has moved its USDC stablecoin prefunding service from pilot into commercial production with Inyo Global, The Block reports, citing Visa's announcement.
Inyo Global is the first Visa Direct processor to offer the funding option to clients. Eligible money transmitters, fintechs, banks, and payment companies can prefund cross-border Visa Direct payouts with USDC in near real time through Inyo's existing APIs — including when traditional funding windows are closed — subject to eligibility and geographic limits.
Visa first tested stablecoin prefunding in September 2025 with USDC and EURC, later piloted USDC payouts to recipients, and in August said it was working with zerohash on related Visa Direct stablecoin funding and payouts. Earlier this month, Visa also settled about $750,000 in payment obligations with Lloyds in a seven-day USDC trial, with funds arriving in less than an hour, including over a weekend.
Vira Platonova, global head of Visa Direct, said the next chapter for stablecoins is adoption, pointing to live implementations after years of work with clients and partners.
Sources: The Block, Visa