Visa announced plans to launch a stablecoin under its Visa Direct program, aimed at reducing transaction fees, improving cross-border payment efficiency, and unlocking liquidity for businesses. This move was revealed at the 2025 SIBOS conference and will allow businesses to directly use the stablecoin for credit card deposits, with plans to launch in partnership with banks in 2025. This development aligns with the regulatory clarity of the U.S. GENIUS Act and the growing adoption of stablecoins, such as the $1 stablecoin that has been issued on Solana, which has a market capitalization of $2.68 billion. Solana's infrastructure is valued at $14.13 billion, and its development momentum is strong, with the SOL price rising 7.22% after rebounding from a support level of $205.88.
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Visa announced plans to launch a stablecoin under its Visa Direct program, aimed at reducing transaction fees, improving cross-border payment efficiency, and unlocking liquidity for businesses. This move was revealed at the 2025 SIBOS conference and will allow businesses to directly use the stablecoin for credit card deposits, with plans to launch in partnership with banks in 2025. This development aligns with the regulatory clarity of the U.S. GENIUS Act and the growing adoption of stablecoins, such as the $1 stablecoin that has been issued on Solana, which has a market capitalization of $2.68 billion. Solana's infrastructure is valued at $14.13 billion, and its development momentum is strong, with the SOL price rising 7.22% after rebounding from a support level of $205.88.