Criptor

An RSS reader for cryptocurrency news

Visa Expands Stablecoin Push to EMEA With Yellow Card Partnership

Visa Expands Stablecoin Push to EMEA With Yellow Card PartnershipThe Defiant1 min read
Visa Expands Stablecoin Push to EMEA With Yellow Card Partnership

Visa Inc. is broadening its stablecoin programme from initial pilots in the United States and Asia-Pacific to Central and Eastern Europe, the Middle East and Africa, underscoring the card network’s view that digital tokens will play a growing role in global money movement.

As part of the rollout, Visa has entered a strategic partnership with Yellow Card, a pan-African cryptocurrency exchange operating in more than 20 countries. The companies said they will test stablecoin-denominated cross-border payments, liquidity provision and corporate treasury services aimed at lowering transaction costs and speeding settlement times for businesses and consumers.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

KEYWORDS
broadeningprogrammepilots unitedcentralpilotsinitialunited asiapacificvisa broadeningcardasiapacificprogramme initialbroadening stablecoinunitedeastern europestablecointhe defiantvisastablecoin programmeinitial pilotsasiapacific centralcriptorcentral eastern