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Visa Direct adds stablecoin prefunding and payouts via Zerohash

Eligible Visa Direct clients can fund accounts and send cross-border payouts in stablecoins, with recipients receiving stablecoins instead of local currency.

Reported · Written up by our desk · Stablecoins

Visa is expanding its stablecoin payment offerings through Visa Direct, adding stablecoin prefunding and payout capabilities enabled by crypto infrastructure provider Zerohash, Decrypt reports.

Under the integration, eligible Visa Direct clients can prefund accounts with stablecoins before making payments, helping businesses manage liquidity outside traditional banking hours.

The update also allows recipients to receive payouts directly in stablecoins rather than in local currency, targeting cross-border use cases.

Decrypt notes Visa launched its Visa Stablecoin Platform in July to help banks and fintechs issue, hold, and transfer stablecoins while integrating the tools into existing treasury and payment systems.

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