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Visa launches stablecoin payment pilot program
Golden Finance reported that Visa announced the official launch of its stablecoin payment pilot program, allowing creators, freelancers, and businesses to receive payments directly in USDC issued by Circle via Visa Direct, enabling cross-border instant settlement. Visa stated that during the pilot phase, businesses can initiate payments in fiat currency in the United States, while recipients can choose to receive USDC directly, with funds arriving in almost a few minutes, which will provide convenience for users in areas with currency fluctuation or limited bank access.