Visa bets on stablecoins to speed up cross-border payments
1. Visa will test using stablecoins for international payments, enhancing payment flexibility. 2. This innovation may streamline cross-border transactions for businesses.
FAQ
Why Bullish?
Visa's adoption of stablecoins could improve transaction efficiency, similar to how digital payments surged post-introduction of contactless methods, positively impacting revenue.
How important is it?
The article discusses an innovative payment method that aligns with Visa’s strategic goals, likely improving their market positioning.
Why Long Term?
The shift towards stablecoins could drive sustained growth in international transactions over time, as businesses increasingly adopt digital currencies.