XDC Network and OrbitX Pay have launched a pilot that could let people spend USD Coin (USDC) directly from on-chain wallets at merchants that accept Visa — no fiat conversion, no off‑ramp delay. Why it matters Stablecoins already move trillions of dollars annually, but most of that activity happens behind the scenes. This integration tests whether on‑chain dollars can be used at the point of sale without forcing users to cash out into fiat first. In practice, users would keep funds on XDC until the moment they pay; the checkout itself behaves like a conventional card transaction, while the underlying value stays in crypto until spent. That model could cut conversion fees, shorten settlement delays and remove dependence on third‑party off‑ramps. What the teams say Ritesh Kakkaad, co‑founder of XDC Network, framed the move as part of a broader evolution in blockchain utility: “The real opportunity is when blockchain moves beyond powering finance behind the scenes…” OrbitX CEO Ankitt Guar added, “By keeping users in control of their assets while connecting to global payment networks, we aim to reduce the friction between on‑chain value and real‑world spending.” Market context and outlook Stablecoin supply and user interest suggest the timing could be right. Total stablecoin market capitalization sits above $307 billion and has grown steadily over the past year (DeFiLlama). User behavior also points to rising adoption: a BVNK report found 56% of stablecoin users intend to buy more over the next 12 months, and over half increased their holdings in the past year. Among freelancers and merchants who accept stablecoins, roughly 35% of income comes in these assets on average. Still, meaningful consumer adoption is not guaranteed — pilots like this will need to prove convenience, security and cost advantages over existing fiat rails before they scale. If they do, integrations that allow direct on‑chain spending could help shift digital assets from speculative instruments to everyday payment tools. Source: DeFiLlama; BVNK Disclaimer: AMBCrypto's content is informational and not investment advice. Cryptocurrency trading is high risk—do your own research. © 2026 AMBCrypto Read more AI-generated news on: undefined/news

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