The giant of the Visa (V) payment card has expanded its Stablecoin capabilities in the Central and Eastern Europe, Middle East and Africa (Cemea) region, and has also formed a strategic association with the Yellow card of Exchange Crypto Exchange African.
Visa seems to be doubling Stablecoins, who are quickly becoming the new Internet payment rails, since last month he invested in the signing of payments based in Stablcoin BVNK.
In 2023, Visa became one of the first main payment networks to liquidate transactions in the Circle USDC stable. To date, more than $ 225 million in the volume of Stablecoin have been resolved through the visa among the participating clients, according to a press release.
“In 2025, we believe that each institution that moves the money will need a Stablecoin strategy,” said Godfrey Sullivan, senior vice president of Visa and head of products and solution for CEMEA in a statement.
The Yellow card association will explore cross -border payment options, simplifying treasure operations and improving liquidity management.
“Together with Visa, we are building a bridge between traditional finances and the movement of the future of money. We hope to continue innovating new solutions that can transform how money moves for even more safe, efficient and transparent payment solutions,” said Chris Maurice, co -founder and CEO of Yellow Card.
