Visa Brings Stablecoin-Enabled Visa Direct Prefunding Into Production
Inyo Global becomes the first enabler to move Visa's stablecoin-enabled Visa Direct prefunding from pilot into production for eligible clients.
Visa is taking stablecoin-enabled prefunding for Visa Direct beyond the pilot stage, naming Inyo Global as the first enabler to bring the setup into production for eligible clients.
What changes
- Inyo Global is the first enabler to launch the stablecoin-enabled Visa Direct prefunding capability in production.
- The capability is available to eligible clients, according to the announcement.
- The shift moves the stablecoin funding setup from pilot testing into a live production offering.
The distinction is between testing stablecoin-based funding and running it as a live option. Visa's announcement places the capability in the latter category for clients that qualify, rather than describing a new pilot.
The development points to continued experimentation by card networks with stablecoins as a settlement and funding tool, though the announcement does not disclose which stablecoins, markets, or volumes are involved.