Visa Ditches Banks for Stablecoins: Instant Pay for Creators and Gig Workers

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So, Visa has decided to shake things up a bit. Instead of waiting around for bank transfers to crawl through the system, they’re experimenting with-wait for it-stablecoins! Yes, you heard that right. Apparently, Visa now thinks that paying creators and gig workers in crypto is the way to go. Why? Because waiting for your money is so 2010. 🙄

Visa’s New Stablecoin Experiment (Because, Why Not?)

In a move that is somehow both predictable and still a little bizarre, Visa’s pilot program lets businesses send payouts in fiat, and, oh, the recipient will get those funds in USDC (a nice, stable stablecoin) in their crypto wallet. So… it’s like getting paid in dollars, but cooler. Also, let’s not forget that some regulations will need to be followed, like the whole KYC (Know Your Customer) thing. Because of course. 🤔

And yes, Visa’s already got their big service, Visa Direct, running this circus. Over 195 countries are currently covered. Because you know, it’s Visa-we’re talking about a payments giant here. Who would’ve guessed they’d go all-in on crypto? Probably no one. But here we are. 💸

LATEST: Payments giant Visa has launched a pilot program enabling US businesses to send USD stablecoin payouts directly to recipients’ crypto wallets, while still funding their business accounts with fiat.

– CoinMarketCap (@CoinMarketCap) November 12, 2025

Speed and… Wow, That Was Fast

Get this: Visa’s new gig allows payments to land in wallets in minutes-not days like your average wire transfer. So, all those creators out there scrambling to pay their rent or buy some necessary coffee for their next creative brainstorm will get their hands on their earnings ASAP. Because waiting around? So 1995. 🕓

According to Visa, their research shows 57% of creators picked “instant access” as their top reason for choosing how they get paid. So, now you’ve got the fastest way to pay your rent-just don’t forget about the potential small fees and hurdles, like setting up wallets and dealing with those pesky crypto conversions.

How Freelancers Can Finally Stop Crying Over Their Paychecks

Imagine getting paid in something stable like USDC. You can hold onto it, or swap it for local currency, or even send it to your bank. That’s right-this could save freelancers everywhere from currency fluctuations, terrible local banks, or, in some cases, both. 🙃

Sounds good, right? Well, it’s not all sunshine and unicorns. Some creators are still glued to their traditional payment methods, so adopting this shiny new system will take time. Shocking, I know. 😏

But Wait… There Are a Few Catch-22s

Okay, time to burst your bubble. Setting up a crypto wallet is still a thing people struggle with, and, let’s be honest, who wants to deal with keys and conversions? Just another Tuesday, am I right? Platforms will also have to figure out who’s paying for the conversion fees. Because we all know someone’s got to foot the bill.

On top of that, the businesses need to be all set up to securely convert fiat to USDC and handle transactions on-chain. No big deal, just a little integration work. 🤷‍♀️

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2025-11-14 00:20