#StablecoinPayments Visa, Mastercard and stablecoins

This week, Visa joined forces with a little-known but ambitious fintech startup, Bridge, to launch stablecoin-backed cards in six countries in Latin America. The word "backed" is key here — we're talking about dollars, only digital. USDC, to be precise. And now, a citizen from Peru can walk into a store to buy a watermelon, pay with a stablecoin, and the seller will receive pesos. And all of this — through Visa.

Hold on… Do you understand what this means?

150 million merchants now accept digital dollars from citizens who have never had a proper bank account. This is not just fintech. This is a reboot of the financial system.

Inflation? Thanks, we are in digital.