Visa Launches Pilot for Fiat-to-Stablecoin Business Payments

Visa has launched a pilot program enabling businesses to make payments to stablecoin wallets in fiat currency, with recipients able to receive funds in US dollar-backed stablecoins. This initiative targets international businesses, marketplaces, creator and gig economy platforms, fintechs, and compatible stablecoin wallet holders who pass KYC/AML checks.

  • The cryptocurrency community has reacted positively to the announcement.
  • This move indicates the growing integration of blockchain technology into global financial systems.

Growth of Stablecoins in 2025

  • The pro-crypto regulatory approach by the Donald Trump administration has spurred significant growth in the crypto sector in 2025.
  • Stablecoins have gained mainstream interest, with companies like Circle seeing increased demand for their products.
  • Visa is expanding its stablecoin initiatives, having launched a stablecoin prefund pilot program on September 30.
  • These programs allow businesses to fund payment accounts with stablecoins or make remittances from fiat accounts to crypto wallets.

Cathie Wood of Ark Invest adjusted her Bitcoin price forecast from $1.5 million to $1.2 million, citing stablecoin growth as a factor.