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. š
Visa’s New Stablecoin Experiment (Because, Why Not?)
In a move that is somehow both predictable and still a little bizarre, Visaās 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… itās like getting paid in dollars, but cooler. Also, letās not forget that some regulations will need to be followed, like the whole KYC (Know Your Customer) thing. Because of course. š¤
And yes, Visaās already got their big service, Visa Direct, running this circus. Over 195 countries are currently covered. Because you know, itās Visa-weāre talking about a payments giant here. Who wouldāve guessed theyād go all-in on crypto? Probably no one. But here we are. šø
LATEST: Payments giant Visa has launched a pilot program enabling US businesses to send USD stablecoin payouts directly to recipientsā crypto wallets, while still funding their business accounts with fiat.
– CoinMarketCap (@CoinMarketCap) November 12, 2025
Speed and… Wow, That Was Fast
Get this: Visaās 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. š
According to Visa, their research shows 57% of creators picked āinstant accessā as their top reason for choosing how they get paid. So, now youāve got the fastest way to pay your rent-just donāt 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. Thatās right-this could save freelancers everywhere from currency fluctuations, terrible local banks, or, in some cases, both. š
Sounds good, right? Well, itās 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. š
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, letās be honest, who wants to deal with keys and conversions? Just another Tuesday, am I right? Platforms will also have to figure out whoās paying for the conversion fees. Because we all know someoneās 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. š¤·āāļø
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2025-11-14 00:20