Visa Takes Stablecoin Payments Into Commercial Deployment
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Visa has moved its stablecoin payments initiative into commercial deployment with Inyo Global, using its Visa Direct service.
Visa has shifted its stablecoin payments initiative from a pilot to commercial deployment, according to Bitcoin.com News. The rollout involves payments infrastructure provider Inyo Global.
The partnership uses Visa Direct to support stablecoin payment capabilities. Through the deployment, Inyo Global enables the receipt and prefunding of stablecoin payments across more than 180 countries.
The move marks a transition from testing to commercial use. The source report did not specify transaction volumes, supported stablecoins or the financial terms of the partnership.
Source: Bitcoin.com News
