Visa has announced they are starting their stablecoin payouts pilot at the Lisbon Web Summit 2025.
The company has chosen Circle’s USDC to be the first stablecoin of choice under this stablecoin settlement pilot, partnering with creators, merchants and business to try out receiving faster and easier payouts directly to their wallets.
Nium is one of the participants and is looking forward to using such rails to ensure its payment flows are less delayed.
President of Commercial & Money Movement Solutions at Visa Chris Newark notes:
Launching stablecoin payouts is about enabling truly universal access to money in minutes – not days – for anyone, anywhere in the world. Whether it’s a creator building a digital brand, a business reaching new global markets or a freelancer working across borders, everyone benefits from faster, more flexible money movement.
Chief Payments Officer at Nium Alex Johnson also expressed:
By settling with Visa via stablecoins, we’re aligning payments to the speed of the internet, not the speed of traditional rails.”
Visa Direct previously introduced a different pilot earlier in the fall for being able to prefund accounts and balances with stablecoins, and is now continuing to scale its digital asset offerings as the world heads to a newer state of the digital economy.
