Visa continues to make progress on its stablecoin infrastructure across prefunding, settlement and treasury management.
The pilot phase is complete for Visa Direct‘s stablecoin prefunding service, with Inyo Global first to use it commercially.
Announced on 15 October, the launch lets businesses fund cross-border payouts with Circle‘s US dollar-pegged stablecoin, USDC, in near real-time. Visa said it will give payment providers greater freedom in managing liquidity and reducing reliance on traditional funding windows.
Vira Platonova, Global Head of Visa Direct, pointed out that the service supports stablecoin development, stating that “the next chapter” for the technology is adoption.
“We’re now seeing those efforts translate into live implementations, helping businesses access more flexible and efficient ways to fund and move money globally through Visa Direct, starting with Inyo Global as our first enabler.”
Inyo has integrated the capability into its existing platform, which serves money transmitters, fintechs, banks and payment businesses. Clients can access the funding option through the APIs they currently use to manage payments and payouts.
Round-the-clock funding for payouts
The service follows Visa Direct’s stablecoin prefunding and payout pilots, introduced in 2025 to explore how digital currencies could improve cross-border funding, liquidity management and money movement.
Under the new arrangement, businesses using Inyo’s platform can prefund cross-border payouts with USDC, giving them continuous access to funding.
Traditional funding methods can leave payment providers working around banking hours, cut-off times and settlement schedules that vary between markets. Businesses handling international payouts may need to position funds in advance to ensure sufficient liquidity is on hand when payments need to be made.
Stablecoin prefunding offers another option, allowing eligible businesses to fund payout activity outside traditional banking windows. This could give payment providers more flexibility in managing liquidity across markets.
“Innovation in money movement is ultimately about creating a better experience for customers, and that’s exactly our focus at Inyo,” said Robson Dantas, Chief Product and Technology Officer and Co-founder at Inyo Global.
“By integrating Visa Direct’s stablecoin-enabled prefunding into the Inyo platform, we’re giving the money transmitters, fintechs and payment companies we serve a new way to fund their payouts, one that is available around the clock and runs through the same Inyo APIs they already use.”
Inyo is currently the sole enabler named for the commercial rollout, with access dependent on client eligibility and geography.
Inside Visa’s stablecoin infrastructure
The Inyo launch is part of a wider strategy by Visa to integrate stablecoins into its payments infrastructure, including areas such as cross-border payouts, settlement and treasury management.
In September, Visa joined a $10m funding extension for Velocity, a UK-based fintech that provides stablecoin infrastructure for payment providers and financial institutions.
The investment adds to existing work between the companies, including a pilot involving MVB Financial to use Velocity’s technology for stablecoin-enabled funding and settlement of eligible Visa Direct payouts.
Visa’s Global Head of Growth Products and Strategic Partnerships, Rubail Birwadker, said companies such as Velocity were helping to expand the use of stablecoins across its network.
“Companies like Velocity are helping accelerate adoption and unlock new opportunities for our customers and partners,” he said.
In July, the payments giant launched its own Visa Stablecoin Platform, allowing financial institutions to mint, redeem, hold and transfer stablecoins through either Visa’s managed wallets or their own, with governance features including dual-control approvals.
The platform supports Open USD and extends work that already spans more than 160 stablecoin card programmes and a settlement run-rate of around $7bn a year across nine blockchains.
