Visa Direct stablecoin pre-funding goes live with Inyo Global as first enabler, Cuy Sheffield notes

Visa Direct stablecoin pre-funding goes live with Inyo Global as first enabler, Cuy Sheffield notes
Visa launches stablecoin pre-funding live

Visa Direct stablecoin pre-funding is now in production, with Inyo Global serving as the first enabler.

Cuy Sheffield, vice president and global head of crypto at Visa, highlighted this new development.

Sheffield recently congratulated the Atum team on joining Visa’s crypto group, noting continued expansion in a previous announcement. He has also discussed the emergence of DAO tooling startups such as Utopia Labs and Bonfire between 2020 and 2022, as covered in another earlier article. These developments reflect Sheffield’s ongoing focus on crypto sector growth and innovation within Visa.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.