
Visa and Mastercard launch USDC-funded cross-border payouts
- —Visa Direct clients can prefund payouts in USDC via Inyo Global around the clock using existing APIs
- —Mastercard Global Money Platform via BVNK converts stablecoin balances into recipients' local currency
- —Nuvei and Marqeta are among the first planned integrators of Mastercard's platform
- —Mastercard targets 40+ currencies across 200+ countries and territories in 2027
Why it matters: The card networks' embrace of stablecoin funding could broaden USDC demand in cross-border payments beyond crypto-native users.
Source: CryptoSlate
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