VISA Places Its Bets on Stablecoins to Expedite Cross-Border Payment Procedures
1 day ago / Read about 0 minute
Author:小编   

On Tuesday, Visa Inc. (Visa, with the stock code V) made an announcement regarding the launch of a new trial. This trial will permit companies to finance international payments through the use of stablecoins, eliminating the necessity for pre-depositing cash into local accounts. This strategic move underscores the growing acknowledgment of digital tokens, such as stablecoins, among major corporations. Earlier, the United States' enactment of the Genius Act laid down explicit regulations for stablecoin issuers, thereby enhancing the confidence of companies in embracing stablecoins as a viable payment option.