Visa Direct funds USDC via OwlPay

Visa Direct is now being used as a card-to-stablecoin on-ramp, letting U.S. users fund United States Dollar Coin with a debit card through OwlPay. (visa.com, investors.owlting.com) Visa Direct is Visa’s push-pay network for moving money to eligible debit and prepaid cards and other endpoints in real time. OwlTing said its OwlPay Harbor service is a United States Dollar Coin on-ramp and off-ramp product for digital wallets, decentralized finance apps, and Web3 companies. (visa.com, investors.owlting.com) United States Dollar Coin, or USDC, is a dollar-pegged stablecoin issued by Circle. In this setup, the debit card is the funding source and OwlPay is the service layer that turns that card payment into stablecoin balance, without routing the user through a separate crypto exchange. (visa.com, investors.owlting.com) Visa has spent the past year widening its stablecoin footprint beyond pilot projects. In October 2025, Visa said businesses could pre-fund Visa Direct payouts with stablecoins, and in November 2025 it said a separate pilot would let platforms in the United States send payouts directly to workers’ stablecoin wallets. (visa.com, visa.com) In January 2026, Visa expanded that effort again by launching United States Dollar Coin settlement in the United States for issuer and acquirer partners. Visa said the program was already running at more than $3.5 billion in annualized stablecoin settlement volume. (visa.com) OwlTing has been building the consumer-facing pieces around those rails. Its materials say OwlPay Wallet Pro lets users buy and sell United States Dollar Coin with a card or wire transfer, while OwlPay Cash uses Visa Direct and Cross River Bank for settlement to send funds from the United States to bank accounts in 26 countries. (owlting.com, investors.owlting.com) The immediate change is not that Visa is turning every debit card into a crypto wallet. The change is that a Visa-branded money-movement rail is being used as the front door for United States Dollar Coin funding inside a regulated payments product, with OwlTing handling the wallet and conversion layer. (visa.com, investors.owlting.com) That leaves the same questions that follow most stablecoin payment products in the United States: which users and states are supported, what know-your-customer checks apply, and how fees compare with exchanges and bank transfers. Visa says program providers, not Visa, are responsible for compliance with applicable laws, and OwlTing has separately said it is expanding its regulatory footprint across 41 states. (visa.com, investors.owlting.com, investors.owlting.com) The thread running through Visa’s recent announcements is straightforward: card rails, bank settlement, and stablecoin wallets are being tied together one use case at a time. OwlPay’s new flow puts debit-card funding at the front of that stack. (visa.com, visa.com, visa.com)