OwlTing Group, a blockchain technology company listed on the US stock market, has extended its partnership with Visa to incorporate Visa Direct into OwlPay’s payment platform. This move facilitates a direct link between debit cards and the acquisition of USDC stablecoins through OwlPay Harbor.

This new feature is now operational within OwlPay Harbor, OwlTing’s global infrastructure for on/off-ramps. Eligible users in the United States can now top up their USDC balances using their linked debit card without needing a separate crypto exchange account. According to data from the Federal Reserve, 74% of American consumers use a debit card monthly, with total annual purchase volumes amounting to USD 4.7 trillion. This makes debit-card funding a crucial on-ramp for mainstream stablecoin adoption.

Applications for Consumers and Enterprises

For businesses or platforms that utilize OwlPay Harbor, the integration simplifies the process by offering card-funded USDC acquisition to eligible users without the need to establish independent exchange systems. For consumers, those who meet the eligibility criteria can access this on-ramp through OwlPay Wallet Pro, a non-custodial wallet from OwlTing. By linking their debit card and authorizing a transaction, they can have funds transferred into their USDC wallet upon settlement.

Once funded, users can use their USDC for various purposes such as purchasing gift cards from major US retailers, transferring assets to other platforms, or sending cross-border payments via integrated settlement channels. These include direct transfers to eligible Visa debit cards, bank account transfers through the Circle Payment Network, or cash pickups through MoneyGram. In a later phase, OwlPay Cash, OwlTing’s consumer remittance application, will incorporate this Visa Direct on-ramp, enabling a smooth transition from card funding to global stablecoin transactions.

OwlTing holds money transmission licenses in 41 US states, with all such services provided by OwlTing USA, Inc.

In response to the news, Darren Wang, the Founder and CEO of OwlTing Group, noted that this integration connects the debit cards widely used by Americans to digital currency infrastructure, significantly reducing the barriers that have prevented stablecoins from becoming part of everyday finance. Vira Platonova, the Global Head of Visa Direct, stated that the integration brings new forms of value into established payment systems supported by robust security and compliance measures.