The Visa Direct Stablecoin Pilot represents an innovative initiative that aims to transform the landscape of cross-border payments, showcasing the potential of digital currencies such as USD Coin (USDC) and Euro Coin (EURC). This groundbreaking pilot program explores how the integration of stablecoins can enhance the efficiency, speed, and reliability of international transactions, offering businesses and consumers alike a streamlined solution for sending and receiving funds across borders. By leveraging the stability of these digital currencies, Visa is poised to facilitate seamless payment experiences, reduce transaction costs, and eliminate many of the hurdles associated with traditional banking methods, ultimately revolutionizing the way we conduct financial exchanges on a global scale.
source: https://blocknews.com/visa-direct-stablecoin-pilot-how-usdc-and-eurc-could-revolutionize-cross-border-payments/