Visa’s Multi-Chain Stablecoin Strategy Signals Confidence in Digital Assets
Visa announced that it will begin supporting four stablecoins across four different blockchains, with the ability to convert them into more than 25 fiat currencies. CEO
visa (Latest Publications)
A16z Empowers ZAR With $12.9M to Transform Financial Access in Pakistan
TL;DR ZAR closes a $12.9 million funding round led by Andreessen Horowitz to provide stablecoins to unbanked citizens in Pakistan. The fintech allows users to convert
Jack Dorsey’s Block Unveils Cash App Network to Rival Visa and Mastercard
TL;DR Strategic launch: Block introduced the Cash App Card Network to reduce reliance on Visa and Mastercard while expanding its financial ecosystem. Adoption potential: Merchants benefit
Visa Direct Experiments With Stablecoins for Instant, Cash-Like Payments
TL;DR Visa pilot: Banks can pre-fund cross-border payments with stablecoins, USDC and EURC, unlocking liquidity and reducing volatility exposure. Industry rivalry: Swift launched a blockchain settlement
Stablecoin Payments Startup Rain Secures $58M Series B
TL;DR Rain closed a $58 million Series B led by Sapphire Ventures, bringing its total funding to $88.5 million. The company issues physical and virtual Visa
Visa Boosts On-chain Payments With New Stablecoins and Blockchain Support
TL;DR Visa added PYUSD, USDG, and EURC stablecoins plus Stellar/Avalanche blockchains, now supporting 4 stablecoins across 4 networks for settlements. Euro stablecoin (EURC) integration enables fiat-equivalent
Visa Bets Big on Stablecoins with Major BVNK Investment
TL;DR Visa made a strategic investment in BVNK, betting on cross-border payment infrastructure with stablecoins. BVNK processes $12 billion annually in stablecoin payments and expanded its
Visa Joins Paxos’ USDG Consortium to Explore New Stablecoin Model
TL;DR Visa joined the USDG stablecoin network, led by Paxos, to distribute interest from reserves among its members. The company has been testing transactions with USDC
Avalanche Launches Visa-Compatible Crypto Card— Here’s What You Need to Know
TL;DR The new Avalanche Card allows users to make purchases with cryptocurrencies like AVAX, USDC, USDT, and wAVAX at any merchant that accepts Visa. It focuses
Floki Developers Introduce Multi-Crypto Debit Card Supporting 8 Blockchain Networks
TL;DR Floki has launched a multi-crypto debit card supporting eight blockchain networks, available in both physical and virtual formats, allowing users to spend their crypto assets.
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