On the 15th, Visa announced the commercial launch of a feature in its transfer service 'Visa Direct' that allows pre-funding of cross-border payments with the stablecoin USDC in near real-time. The first partner to adopt this service is Inyo Global, providing customers and partners with an alternative to traditional funding timeframes.
According to Visa, over the past year, the company has been working with customers and partners to explore how stablecoins can enhance cross-border funding and transfers...
