Visa Launches USDC-Backed Cross-Border Payments Pilot
Visa has introduced USDC funding for global payments through its partnership with Inyo Global.
Visa has introduced USDC funding for global payments through its partnership with Inyo Global. USDC (USDC) is trading at ₹95.09 ($0.9999). This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Fri, 16 Oct 2026 11:15:02 UTC.
This development marks a significant step in integrating stablecoins into mainstream financial systems, potentially improving the efficiency and cost-effectiveness of cross-border transactions.
- Visa's USDC pilot is now commercially available for eligible businesses.
- USDC circulating supply stands at $72.66B, according to DeFiLlama.
- The move could enhance the adoption of stablecoins in global payments.
Visa has announced the commercial launch of its 
USDC funding option for cross-border payments, partnering with Inyo Global to facilitate the service. This move allows eligible businesses to use USDC for international transactions, potentially improving efficiency and reducing costs.
The USDC stablecoin, which is pegged to the US dollar, has a circulating supply of $72.66 billion, according to DeFiLlama. This large supply underscores the growing role of stablecoins in the broader cryptocurrency ecosystem.
The total cryptocurrency market cap is currently $2.83 trillion, with 
Bitcoin leading the charge at a 24-hour increase of 1.09%. The Fear & Greed Index stands at 63, indicating a 'Greed' sentiment in the market.
USDC is currently trading at $0.999784, with a 24-hour increase of 0.02% and a 7-day increase of 0.02%. Its market cap is $72.58 billion, slightly lower than the circulating supply figure due to minor price fluctuations.
This development is significant as it integrates stablecoins into the traditional financial system, potentially paving the way for wider adoption in global payments. The success of this pilot could encourage other financial institutions to explore similar solutions.
Since this brief published about 3 hours ago, USDC (USDC) has moved from ₹95.08$0.9998 to ₹95.09$0.9999 — +0.01%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₹104.49 (about $0.9999), up 0.0% over 24 hours. The rupee itself trades about 9.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 16, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Visa Launches USDC-Backed Cross-Border Payments Pilot — questions & answers
What is the USDC circulating supply?
The USDC circulating supply is $72.66 billion, as reported by DeFiLlama.
How does Visa's USDC pilot work?
Visa's USDC pilot allows eligible businesses to use USDC for cross-border payments through its partnership with Inyo Global.
What is the current market sentiment?
The Fear & Greed Index stands at 63, indicating a 'Greed' sentiment in the market.
How much is 1 USDC worth in rupee today?
About ₹104.49 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9999. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.