Stable Announces Visa Direct Integration for Bank and Mobile Wallet Payouts
- —Stable to connect to Visa Direct for payouts to bank accounts and mobile wallets
- —No timeline or geographic coverage disclosed
- —Visa has previously piloted stablecoin funding and payout rails
Why it matters: It links stablecoins closer to Visa's payment rails, though the lack of a timeline limits near-term market impact.
Source: The Defiant