Visa Extends Stablecoin Prefunding to Production
Visa has moved stablecoin prefunding for Visa Direct into production, welcoming Inyo Global as its first partner.
Update (Oct 20, 02:55 UTC): According to The Asian Banker, Visa has expanded its stablecoin prefunding capabilities into production.
Payments giant Visa has moved stablecoin prefunding for its Visa Direct network into production, according to Blockhead. Inyo Global has been named as the first partner to integrate with the system.
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The deployment integrates blockchain-based prefunding into the existing Visa Direct infrastructure, aiming to streamline cross-border transaction processes and settlement times.
Key facts
- Visa moved stablecoin prefunding for Visa Direct into production.
- Inyo Global serves as the first partner for the initiative.
Source: news.google.com
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