Key Insights for the Curious and the Cunning
The workings of this new scheme-think of it as a modern dance in the world of finance
Imagine, if you will, enterprises disbursing payments in the traditional coin, whilst the fortunate recipients may select to receive their bounty in the form of USD-backed stablecoins such as USDC. Truly, a spectacle of modern ingenuity!
Who stands to gain from this curious innovation?
Ah, the creators, freelancers, and those marketplace adventurers across the globe-beneficiaries of swifter, borderless, and more steadfast payments, especially in lands where banking is, shall we say, less reliable. How delightful, eh?
In a grand unveiling at the illustrious Web Summit, Visa Inc. has presented a pilot-an arcane experiment-allowing businesses to ferry funds directly into the pockets of recipients’ stablecoin wallets. Fancy that!
Visa’s Bold Bet on the Stablecoin Fête
Debuting amidst the grandeur of the Web Summit, this scheme employs Visa Direct, a delightful tool permitting firms to fund payouts in good old fiat, while recipients may choose their preferred – in this case, USDC, backed by Uncle Sam himself. Quite the leap, wouldn’t you agree?
It’s a veritable revolution in global payments, promising creators and traders access to their riches at a pace so furious, it would make Mercury blush-especially in regions where currency wobbles more than a drunkard at a dance.
The esteemed Mr. Chris Newkirk, President of Visa’s Commercial & Money Movement Solutions, proclaimed with unruffled conviction:
“Launching stablecoin payouts is about enabling truly universal access to money in minutes-not days-for anyone, anywhere in the world.”
He further added, with the air of a prophet:
“Whether it’s a creator building a digital empire, a globe-trotting business, or a freelancer hopping borders like a frog, they all benefit from swifter, more adaptable money movement.”
Are Humanity Ready for Such Ingenious Advancements?
The latest report from the esteemed Visa’s 2025 Creator Economy reveals a burgeoning desire for speedy access to funds-a veritable stampede of demand.
It appears that 57% of creators prefer the instantaneous charm of digital and blockchain payments-no waiting, no fuss, just instant coffers filled!
As the world of independent artisans and digital nomads swells, Visa’s stablecoin endeavor aims to satisfy their insatiable hunger for velocity, freedom, and independence-oh, the irony!
From earlier schemes, Visa’s expanding its stablecoin ecosystem, with pilots to pre-fund payouts using these digital assets-seamless transfers, nearly as quick as a wink, around the globe.
In essence, these daring pursuits are part of Visa’s grand plan to modernize how we move our money, with more transparency, choice, and control-like a digital sovereign, if you will.
Why USDC and Not USDT? Ah, the Drama of Stablecoins
At first, Visa shall partner with select companies, and late 2026, the world shall see further expansion-so they say, at least. This dance aligns with rising client demands and clearer regulations (finally, some order!), you might think.
Behold, USDC is gaining favor in the stablecoin arena-briefly surpassing the once-dominant Tether (USDT) in October’s transaction volume. A tight race, no less.
Yet, as of November, USDT has reclaimed its throne, with USDC stubbornly holding second place-such is the volatile elegance of the crypto universe!
Read More
- USD RUB PREDICTION
- Gold Rate Forecast
- How to Get Sentinel Firing Core in Arc Raiders
- BNB PREDICTION. BNB cryptocurrency
- Silver Rate Forecast
- EUR INR PREDICTION
- USD1 PREDICTION. USD1 cryptocurrency
- ICP PREDICTION. ICP cryptocurrency
- INJ PREDICTION. INJ cryptocurrency
- DOT PREDICTION. DOT cryptocurrency
2025-11-13 08:30