Visa Launches Stablecoin Prefunding Pilot at SIBOS 2025

Visa Launches Stablecoin Prefunding Pilot at SIBOS 2025

user avatar

by Miguel Rodriguez

a year ago

Made with AI


In a significant move for the cryptocurrency and financial sectors, Visa has announced the launch of a stablecoin prefunding pilot during SIBOS 2025. Spearheaded by crypto chief Cuy Sheffield, this initiative aims to transform global payment capabilities and expedite business funding across the globe. The publication demonstrates positive momentum in the developments.

Visa's Pilot Program with USDC

The pilot leverages USDC, a popular stablecoin, to facilitate faster settlements, showcasing Visa's commitment to revolutionizing cross-border payments. By integrating stablecoins into its payment infrastructure, Visa aims to enhance liquidity within the financial ecosystem, making transactions more efficient and cost-effective.

Impact on Stablecoin Adoption

As the pilot progresses, it is anticipated to drive increased demand for USDC, potentially leading to broader adoption of stablecoins across various financial sectors. This initiative not only highlights Visa's innovative approach but also underscores the growing importance of digital currencies in modern finance.

In a notable contrast to Visa's recent stablecoin pilot, Multicoin Capital has made a strategic investment in Ethena Protocol's ENA token, highlighting the growing confidence in the cryptocurrency market. For more details, see read more.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Plex Media Server Vulnerabilities Exploited for Cryptojacking

Attackers are exploiting vulnerabilities in Plex Media Server to install unauthorized cryptocurrency miners and a Linux proxy backdoor.

user avatarTomas Novak

Super League Shareholders Approve Metaplanets Bitcoin Treasury Proposal

Super League shareholders approved a proposal for Metaplanets to contribute 2,100 BTC and $25 million to a new US-listed Bitcoin treasury platform.

user avatarKaterina Papadopoulou

Sophon Sets Withdrawal Deadline Ahead of Mainnet Shutdown

Sophon has set a deadline for users to withdraw their assets by November 25 ahead of the shutdown of its standalone chain.

user avatarMaya Lundqvist

Large Hyperliquid Trader Rebuilds Ethereum Short After Significant Losses

A trader on Hyperliquid rebuilt a substantial Ethereum short position worth approximately $16 million after incurring losses of around $469,000.

user avatarLeo van der Veen

Tron Surpasses Ethereum and Solana in Blockchain Fee Revenue

Tron has generated approximately $234 million in chain revenue over the past 30 days, surpassing Ethereum and Solana.

user avatarLi Weicheng

New Reporting Requirements Proposed for Crypto Holders in France

A proposed amendment would require crypto holders to declare self-custodied assets worth over €100,000, with penalties for non-compliance.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.