Visa Bets on Stablecoin to Speed up Cross-Border Payments, Unveils Pilot Program

Global payments leader Visa has unveiled a new pilot program to test stablecoins for cross-border transfers. This will give businesses a faster and more flexible way to move money internationally. The initiative will allow banks, remittance providers, and financial institutions to pre-fund Visa Direct with stablecoins instead of traditional fiat currencies. By treating stablecoins as […] The post Visa Bets on Stablecoin to Speed up Cross-Border Payments, Unveils Pilot Program appeared first on Tekedia.

Visa Bets on Stablecoin to Speed up Cross-Border Payments, Unveils Pilot Program

Global payments leader Visa has unveiled a new pilot program to test stablecoins for cross-border transfers. This will give businesses a faster and more flexible way to move money internationally. The initiative will allow banks, remittance providers, and financial institutions to pre-fund Visa Direct with stablecoins instead of traditional fiat currencies. By treating stablecoins as […]

The post Visa Bets on Stablecoin to Speed up Cross-Border Payments, Unveils Pilot Program appeared first on Tekedia.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow