Visa initiated stablecoin prefunding pilots under Visa Direct in September 2025 and introduced a separate stablecoin payout program for gig workers and creators in November 2025

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Using crypto and stablecoins to pay for things, from payment cards and merchant checkout to payroll, remittances and cross-border settlement.