Visa Advances Stablecoin Payments into Commercial Production
Visa has launched stablecoin capabilities for Visa Direct, enabling businesses to pre-fund cross-border payments using USDC.
Visa has launched stablecoin capabilities for Visa Direct, enabling businesses to pre-fund cross-border payments using USDC. USDC (USDC) is trading at $0.9997. This is an original TLT brief based on reporting by Cointribune, with live market data added, as of Sat, 17 Oct 2026 18:15:02 UTC.
This development marks a significant step in the mainstream adoption of stablecoins for real-world payments, potentially transforming global transaction infrastructure.
- Visa Direct now supports USDC for cross-border payments.
- Stablecoin settlements exceed $20 billion annualized.
- Eligible businesses can pre-fund payments 24/7.
- Visa Launches USDC-Backed Cross-Border Payments Pilot
- Stablecoin Cards Simplify Crypto Payments, But Who Profits?
- Visa Advances Stablecoin Payments into Commercial Production — this brief
Visa has announced the commercial launch of stablecoin capabilities for its Visa Direct platform in partnership with Inyo Global. This move allows eligible businesses to use 
USDC for pre-funding cross-border payments on a 24/7 basis.
The development signifies Visa's continued commitment to integrating blockchain technology into its payment systems. By leveraging USDC, Visa aims to provide a more efficient and cost-effective solution for international transactions.
According to the report, Visa's stablecoin settlement volume has already exceeded an annualized pace of $20 billion, underscoring the growing demand for digital currency solutions in the global payment landscape.
The integration of USDC into Visa Direct's operations comes as the stablecoin's circulating supply stands at $72.65 billion, according to DeFiLlama. This large supply indicates a robust ecosystem supporting the use of USDC in various financial applications.
In the broader market context, the total crypto market cap is at $2.79 trillion, with 
Bitcoin showing a slight 24-hour decline of 0.18%. The Fear & Greed Index remains in 'Greed' territory at 55, suggesting a positive sentiment towards crypto assets.
Since this brief published about 1 hour ago, USDC (USDC) has moved from $0.9997 to $0.9997 — +0.00%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₦1,363.96 (about $0.9997), down 0.0% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 17, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Visa Advances Stablecoin Payments into Commercial Production — questions & answers
What is Visa Direct's stablecoin capability?
Visa Direct now supports USDC for pre-funding cross-border payments 24/7.
How much stablecoin settlement volume does Visa process annually?
Visa's stablecoin settlement volume exceeds $20 billion on an annualized basis.
What is the current circulating supply of USDC?
USDC's circulating supply is $72.65 billion, as reported by DeFiLlama.
How much is 1 USDC worth in naira today?
About ₦1,363.96 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9997. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointribune. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.