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      Visa Direct Launches Stablecoin-Based Money Movement Service, Pilot Program Moves Toward Commercial Application

      PANews, October 16 — Visa announced that Visa Direct's stablecoin capabilities have moved from the pilot phase to commercial deployment. Inyo Global has become the first service provider to put Visa Direct's stablecoin prefunding feature into commercial operation. With Visa Direct, businesses can complete user onboarding, fraud prevention and compliance management, collections, and domestic and cross-border payments to more than 180 countries and regions worldwide through a single interface on the Inyo Global platform.

      In 2025, Visa launched stablecoin prefunding and payment pilot programs through Visa Direct. These pilot programs demonstrated how stablecoins can provide eligible customers with cross-border funding support, liquidity management, and global money movement services.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud