TLDR Tech / Launches
Visa and Mastercard enable stablecoin payouts globally
Visa and Mastercard are introducing new commercial stablecoin funding options, enabling businesses to utilize USDC and other stablecoins for international payments and domestic bank transfers. Visa is collaborating with Inyo Global to facilitate prefunded Visa Direct cross-border payouts, while Mastercard has partnered with BVNK to allow businesses to fund local bank transfers using stablecoin balances. Mastercard anticipates expanding its payout reach to over 40 currencies across more than 200 countries and territories by 2027.
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