Visa has launched a stablecoin pilot using USDC and EURC to enable real-time cross-border payouts, aiming to modernize treasury operations. Visa has launched a pilot allowing banks and financial institutions to pre-fund cross-border payments using stablecoins. Announced at SIBOS 2025, the Visa Direct stablecoin pilot enables select partners to use Circle’s USDC (USDC) and EURC (EURC) as pre-funded assets to facilitate near-instant payouts, according to a Tuesday announcement.