Visa has expanded stablecoin prefunding and payout functions on Visa Direct through a partnership with crypto infrastructure provider Zerohash. Eligible Visa Direct customers can preload balances in stablecoins and use them to process cross-border payments. The added feature lets businesses manage liquidity without being tied to bank operating hours, while recipients can be paid directly in stablecoins instead of local currency. Zerohash said the capability is delivered through its infrastructure within the Visa Direct network.

Global payroll and HR platform Gusto will work with crypto infrastructure provider Zerohash to introduce a stablecoin-based payroll payment system. The tie-up is designed to add a stablecoin payroll option for workers outside the United States and improve remittance speed. The integration is currently in beta and allows workers to receive wages in U.S. dollar-based stablecoins, enabling settlement within minutes rather than the 3 to 7 days typical for international transfers. Gusto has more than 400,000 small and midsized business customers.