Visa, Mastercard Add Stablecoin Funding for Global Payouts

Visa and Mastercard announced commercial routes for stablecoin-funded payouts on Oct. 15. Visa is offering eligible Visa Direct clients USDC prefunding through Inyo Global, while Mastercard is linking stablecoin balances to local-currency bank payouts through BVNK.

Visa identified Inyo as its first commercial provider for USDC prefunding on eligible Visa Direct cross-border payout services. Inyo’s integration serves money transmitters, banks, fintechs and other payment businesses through the APIs they already use.

The service operates around the clock. Businesses provide USDC at the start of the payment process, and Visa Direct handles the cross-border payout to the recipient.

Mastercard’s Global Money Platform is available through BVNK, a stablecoin infrastructure company. The platform connects stablecoin balances with Mastercard Move, which delivers payments to recipients’ bank accounts in local currency.

Businesses can contract directly with BVNK through its portal or API for treasury and payout services. They can also embed accounts and payment functions into their own products, with BVNK managing customer onboarding. BVNK’s integration lists USDC and OUSD among the available stablecoins.

The Mastercard service separates the currency used to fund a payment from the currency received by the payee. A business can fund a transaction with stablecoins while the recipient receives conventional currency through a bank account.

Nuvei and Marqeta are expected to be among the first companies to integrate Mastercard’s platform. Mastercard plans to expand the service to more than 40 currencies across more than 200 countries and territories in 2027.

The announcements did not include payment-volume data or measured fee savings.