Visa, Inc. announced a stablecoin prefunding pilot at SIBOS 2025, aiming to enable faster cross-border payments for businesses utilizing stablecoin wallets.
This pilot enhances liquidity for participants, reducing the need for large pre-positioned fiat balances, potentially boosting stablecoin adoption and operational efficiency.
Visa has announced a stablecoin prefunding pilot at SIBOS 2025. This initiative allows businesses to smooth cross-border transactions, aiming to enhance speed, liquidity, and efficiency while reducing costs.
The pilot, spearheaded by Visa’s Mark Nelsen, focuses on banks, freelancers, and gig workers, aiming to transform cross-border payouts. Recipients have the option for stablecoin wallet transfers or traditional local currency payouts. Visa Press Release: “Stablecoin prefunding frees businesses from parking large fiat balances in advance, keeping capital working while still ensuring payouts are covered.”
Stablecoin Prefunding Model to Boost Business Liquidity
The pilot could transform financial transactions for businesses, improving liquidity management and operational efficiency. The new prefunding model is anticipated to alleviate the need for large fiat balances, fostering a dynamic business environment.
Potential outcomes highlight a notable shift towards stablecoin adoption in the remittance industry. Increased business use may lead to greater stablecoin demand and activity, echoing previous financial tech advances. The stablecoin infrastructure could see broadened institutional acceptance.
Visa’s Stablecoin Strategy Builds on USDC Success
Visa’s stablecoin initiatives mirror earlier experiments with USDC for cross-border payments. Past successes in leveraging stablecoin technology indicate possible increased market acceptance and liquidity improvements.
Industry experts suggest the new pilot aligns with trends of improved transactional speed and liquidity in global markets. Historically, Visa’s moves have paved the way for broader stablecoin usage, influencing both regulated markets and emerging digital finance spheres. Mark Nelsen, Head of Product, Visa Commercial Money Solutions, said, “The new pilot allows businesses and platforms to send payouts directly to the stablecoin wallets of recipients, including creators and freelancers, dramatically reducing payout friction.”
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