Visa has announced the integration of stablecoins PYUSD, USDG, and EURC into its settlement platform, utilizing blockchain networks Stellar and Avalanche. This expansion underscores the company's commitment to enhancing cryptocurrency payment capabilities globally.
Integration of Visa Stablecoins
Visa has expanded its settlement platform by integrating stablecoins PYUSD, USDG, and EURC, along with blockchain technologies Stellar and Avalanche. This strengthens Visa’s role in crypto-based payment systems under the leadership of Rubail Birwadker.
Impact on International Payments
Visa's platform will support global payment ecosystems utilizing trusted, scalable stablecoins that could radically alter money movement. Industries relying on cross-border transactions may experience more efficient payment processes.
Quote from Rubail Birwadker
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The integration of Visa’s stablecoins marks a significant step towards increasing the efficiency of international payments and demonstrates the company’s commitment to innovation in financial technology.
