Visa is taking a significant step towards modernizing payment systems by partnering with Aquanow to facilitate stablecoin settlements in the CEMEA region. The source notes that this collaboration is set to transform the way banks and payment processors handle cross-border transactions.
Partnership Overview
The partnership will enable financial institutions to settle transactions using reliable stablecoins such as USDC, which is anticipated to lower costs and minimize delays that are often seen with traditional payment methods. By leveraging stablecoins, Visa and Aquanow aim to streamline the payment process, making it more efficient and accessible.
Market Demand for Stablecoins
This initiative comes at a time when the demand for stablecoins is on the rise, reflecting a growing interest in digital currencies for international transactions. The collaboration is expected to enhance liquidity in the market, providing banks and payment processors with a more effective means of conducting cross-border payments.
On November 24, 2025, Celestia launched its significant software upgrade, Matcha, aimed at improving blockchain performance amidst ongoing challenges for its token, TIA. This development contrasts with Visa's recent partnership for stablecoin settlements in the CEMEA region. For more details, see Matcha upgrade.
